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Notification in terms of section 122(3) of the Companies Act and section 3.83(b) of the JSE Listings Requirements
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”)
NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND SECTION 3.83(b) OF THE JSE LISTINGS REQUIREMENTS
In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 (“the Act”), and section
3.83(b) of the JSE Limited Listings Requirements, holders of ordinary shares in the Company are
advised that Steyn Capital Management Proprietary Limited, as investment manager, on behalf of
its clients, increased its beneficial interest in ordinary shares of the Company ("the securities"), such
that its beneficial interests of the securities of the Company, held by its clients collectively, amounts
to 5.01% of the total number of shares in issue.
Grindrod hereby confirms that it has received the required notices from Steyn Capital Management
Proprietary Limited in terms of section 122(3)(a) of the Act and that it has filed the required notices
with the Takeover Regulation Panel.
3 August 2020
Sponsor: Nedbank Corporate and Investment Banking
Date: 03-08-2020 03:08:00
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