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GNDE - GRINDROD LIMITED - NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND SECTION 3.83(b) OF THE JSE LISTINGS REQUIREMENTS

06/01/2017 15:36:00

GND 201701060022A
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)

JSE Code: GND

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 PSG Asset Management (Pty) Limited increased its beneficial interest in

ordinary shares of the Company ("the securities"), such that its beneficial interests of the

securities of the Company had increased from 4.98% to 5.02% of the total number of shares

in issue.


Grindrod hereby confirms that it has received the required notices from PSG Asset

Management (Pty) Limited in terms of section 122(3) (a) of the Act and that it has filed the

required notices with the Takeover Regulation Panel.




Johannesburg


6 January 2017


Sponsor: Grindrod Bank Limited

Date: 06/01/2017 03:36:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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