Exhibit 99.1
GRINDROD SHIPPING HOLDINGS LTD.
ABBREVIATED NAME: GRINSHIP
Registered in Singapore with registration number 201731497H
JSE Share code: GSH
ISIN: SG9999019087
Primary listing on NASDAQ Global Select Market
Secondary listing on the JSE Main Board
Grindrod Shipping Holdings Ltd. (the “Company”): Dealings in Securities
The following information is disclosed in compliance with the JSE Limited Listings Requirements:
Name | : | Martyn Richard Wade |
Designation | : | Director and Chief Executive Officer, Grindrod Shipping Holdings Ltd. |
Nature of transaction | : | Forfeitable award of securities under the Company’s 2018 Forfeitable Share Plan |
Class of securities | : | Ordinary shares |
Award date | : | 9 June 2020 |
Number of securities | : | 73,000 in total |
Vesting of securities | : | 36,500 on 1 March 2021 and 36,500 on 1 March 2022 |
Nature, extent of interest in transaction | : | Direct, beneficial – recipient of forfeitable share awards |
Name | : | Stephen William Griffiths |
Designation | : | Director and Chief Financial Officer, Grindrod Shipping Holdings Ltd. |
Nature of transaction | : | Forfeitable award of securities under the Company’s 2018 Forfeitable Share Plan |
Class of securities | : | Ordinary shares |
Award date | : | 9 June 2020 |
Number of securities | : | 37,000 in total |
Vesting of securities | : | 12,333 on 1 March 2021, 12,333 on 1 March 2022 and 12,334 on 1 March 2023 |
Nature, extent of interest in transaction | : | Direct, beneficial – recipient of forfeitable share awards |
By order of the Board
17 June 2020
Sponsor: Grindrod Bank Limited