ZEDER INVESTMENTS LIMITED - Further Cautionary Announcement

Further Cautionary Announcement

ZEDER INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2006/019240/06)
Share code: ZED
ISIN: ZAE000088431
LEI: 37890022AF5FD117D649
(“Zeder” or “the Company”)


FURTHER CAUTIONARY ANNOUNCEMENT


Shareholders are referred to Zeder’s cautionary announcement dated 14 April 2021, advising
that the Company had received several approaches from third parties interested in acquiring
a number of Zeder portfolio investments (“Approaches”), and to Zeder’s subsequent further
cautionary announcements, most recently on 20 December 2021.

One of the Approaches resulted in the conclusion of the agreement for the disposal by Zeder
Financial Services Limited, a wholly-owned subsidiary of Zeder, of its shareholding in The
Logistics Group, as set out in the announcement of 12 November 2021 (“TLG Disposal”). It
is expected that the Zeder circular relating to the TLG Disposal will be distributed to Zeder
shareholders during February 2022.

Should the remaining Approaches result in the Company entering into further transactions with
one or more of these parties, such transactions may have a material effect on the price of the
Company’s securities.

While progress has been made in this regard since the above announcements, Zeder is still
considering the Approaches and continues to engage with various parties. Accordingly, shareholders 
are advised to continue exercising caution when dealing in the Company’s securities until a further 
announcement is made.


Stellenbosch
1 February 2022


Transaction advisor and sponsor
PSG Capital


Independent joint sponsor
UBS South Africa

Date: 01-02-2022 09:00:00
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