GNDE - GRINDROD LIMITED - Notification in terms of Section 122(3) of the Companies Act and Section 3.83(B) of the JSE Listings Requirements

16/07/2020 10:25:00

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 Ninety One SA 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 5.1774% of the total number of shares in issue. Grindrod hereby confirms that it has received the required notices from Ninety One SA 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. 16 July 2020 Sponsor: Nedbank Corporate and Investment Banking Date: 16-07-2020 10:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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