GRINDROD LIMITED - Disclosure of Beneficial Interest in Securities

Disclosure of Beneficial Interest in Securities

Grindrod Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/009846/06)
Share code: GND & GNDP
ISIN: ZAE000072328 & ZAE000071106
(“Grindrod” or the “Company”)


DISCLOSURE OF BENEFICIAL INTEREST IN SECURITIES


In compliance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (as amended) (the
“Companies Act”) and paragraph 3.83 of the JSE Limited Listings Requirements, shareholders are
advised that the Company has received formal notification in accordance with section 122(1) of the
Companies Act, that the Public Investment Corporation SOC Limited (“PIC”) has acquired a beneficial
interest in the ordinary shares of the Company, such that its entire beneficial interest in the ordinary
shares of the Company now amounts to 15.622% of the total number of Grindrod ordinary shares in
issue.

The Board of Directors of Grindrod (“Board”) accepts responsibility for the information contained in this
announcement and confirms that, to the best of their knowledge and belief, such information is true,
and that this announcement does not omit anything likely to affect the importance of such information.
The Board has relied on the accuracy of the information contained in the notification received from the
PIC in making this statement.

As required by section 122(3)(a) of the Companies Act, the Company has filed the required notices with
the Takeover Regulation Panel.


7 September 2023

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 07-09-2023 08:30:00
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