GNDE - GRINDROD LIMITED - Director's Share Dealings

25/02/2015 14:37:00

GNDP GND 201502250032A
Director's Share Dealings

(Registration number: 1966/009846/06)
Share code: GND & GNDP
ISIN: ZAE000072328 & ZAE000071106


In May 2014, Grindrod Limited raised equity capital by means of an
accelerated bookbuild. Following a voluntary Clawback Offer from
Grindrod's two major shareholders, namely Remgro Limited through its
wholly-owned subsidiary Industrial Partnership Investments Proprietary
Limited and Grindrod Investments Proprietary Limited, Mr SDM Zungu,
took up the 228 shares allocated for his 4 000 holding in Grindrod
shares in terms of the Clawback Offer. The purchase took place on
2 June 2014 prior to Grindrod Limited's closed period which commenced
1 July 2014.

In accordance with the requirements of paragraph 3.63 to 3.74 of the
JSE Listings Requirements the following should be noted:

Name of company : Grindrod Limited
Class of securities : Grindrod Ordinary Shares
Nature of transaction : Purchase of Shares
Nature of interests : Direct beneficial
Clearance to deal : Yes
Name of director : SDM Zungu
Date of transaction : 2 June 2014

Number of shares : 228
Price : R25.00
Total value of transactions : R5 700.00

The above transactions took place off market.

Sponsor : Grindrod Bank Limited

25 February 2015

Date: 25/02/2015 02:37:00 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.

Back to securities exchange news feed