GNDE - GRINDROD LIMITED - Update on the disposal of ordinary shares in Senwes Limited

30/03/2021 14:00:00

Update on the disposal of ordinary shares in Senwes Limited GRINDROD LIMITED (Incorporated in the Republic of South Africa) (Registration number 1966/009846/06) Share code: GND and GNDP ISIN: ZAE000072328 and ZAE000071106 ("Grindrod" or the “Company") UPDATE ON THE DISPOSAL OF ORDINARY SHARES IN SENWES LIMITED Shareholders are referred to the announcement released on SENS on 28 December 2020 relating to the disposal by Grindrod Trading Holdings Proprietary Limited, a wholly owned subsidiary of Grindrod, of its entire shareholding in Senwes Limited. Shareholders are hereby advised that all conditions precedent have been fulfilled on 30 March 2021. Durban 30 March 2021 Investment Bank, Corporate Advisor and Sponsor Nedbank Corporate and Investment Banking Legal Advisor Edward Nathan Sonnenbergs Inc Date: 30-03-2021 02:00:00 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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