ZEDER INVESTMENTS LIMITED - Disposal of The Logistics Group - Results of The General Meeting

Disposal of The Logistics Group - Results of The General Meeting

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

DISPOSAL OF THE LOGISTICS GROUP - RESULTS OF THE GENERAL MEETING

Shareholders are referred to Zeder’s various announcements released on SENS
(“Announcements”) in terms of which Zeder advised shareholders of the intended disposal,
by Zeder Financial Services Limited, a wholly-owned subsidiary of Zeder, of its shareholding
in The Logistics Group (“Disposal”), as well as Zeder’s circular in this regard, dated
15 February 2022 (“Circular”).

Capitalised terms used herein and that are not otherwise defined, bear the meanings ascribed
to them in the Circular.

Shareholders are hereby advised that at the General Meeting of the Company held entirely by
electronic communication at 10:30 today, Tuesday, 15 March 2022, all of the ordinary
resolutions were passed by the requisite majority of Shareholders.

Details of the results of the voting at the General Meeting are as follows:

                                     Votes
                        Votes for    against
                        resolution   resolution
                        as a         as a                             Number of
                        percentage   percentage                       shares         Number of
                        of total     of total                         voted at       shares
                        number of    number of                        General        abstained
                        shares       shares         Number of         Meeting as a   as a
 Resolutions            voted at     voted at       shares voted at   percentage     percentage
 proposed at the        General      General        General           of shares in   of shares in
 General Meeting        Meeting      Meeting        Meeting           issue*         issue*
 
Ordinary resolution       100.00%      0.00%         1 182 652 091         76.63%         0.05%
number 1:
Approval of the
Disposal in terms of
the JSE Listings
Requirements
 
Ordinary resolution       100.00%      0.00%         1 182 852 412          76.65%         0.04%
number 2:
Authorisation of
directors

*The total number of Shares in issue as at the date of the General Meeting was
1 543 260 354, of which 5 001 469 were treasury Shares.

Shareholders are advised that good progress has been made in respect of the fulfilment of
the Conditions Precedent, as contemplated in the Circular, but should note that the Disposal
still remains subject to certain conditions.

The final dates for the implementation of the Disposal will be communicated on SENS.

Stellenbosch
15 March 2022

Transaction Advisor and Sponsor                   
PSG Capital

Joint Independent Sponsor
Tamela Holdings

Date: 15-03-2022 03:00:00
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