GRINDROD LIMITED - Disclosure of Beneficial Interests in Securities

Disclosure of Beneficial Interests 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 INTERESTS 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(b) of the Listings Requirements of the JSE Limited, shareholders are hereby advised
that Grindrod has received formal notification from the Public Investment Corporation SOC Limited ("PIC") that
the PIC has, in the aggregate, acquired an interest in the ordinary shares of the Company, such that the total
beneficial interest in the ordinary shares of the Company held by the PIC now amounts to 20.183% of the total
number of 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 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.

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


21 February 2025

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

Date: 21-02-2025 09:50:00
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