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 by Directors of the Company
The following information is disclosed in compliance with the JSE Limited Listings Requirements:
Name | : Martyn Richard Wade |
Designation | : Director and Chief Executive Officer of the Company |
Transaction Date No. 1 | : 18 February 2022 |
Class of securities | : Ordinary shares |
Number of securities sold | : 60,000 |
Highest Price per share traded on Nasdaq | : US$24.20 |
Lowest Price per share traded on Nasdaq | : US$22.10 |
Average Price of shares sold | : US$23.23 |
Total value of transaction | : US$1,393,800 |
Nature of transaction | : On-market sale |
Nature and extent of director’s interest | : Direct beneficial |
| |
Transaction Date No. 2 | : 22 February 2022 |
Class of securities | : Ordinary shares |
Number of securities sold | : 15,000 |
Highest Price per share traded on Nasdaq | : US$22.96 |
Lowest Price per share traded on Nasdaq | : US$20.65 |
Average Price of shares sold | : US$22.04 |
Total value of transaction | : US$330,600 |
Nature of transaction | : On-market sale |
Nature and extent of director’s interest | : Direct beneficial |
| |
Name | : Stephen William Griffiths |
Designation | : Director and Chief Financial Officer of the Company |
Transaction Date | : 18 February 2022 |
Class of securities | : Ordinary shares |
Number of securities sold | : 50,000 |
Highest Price per share traded on Nasdaq | : US$24.20 |
Lowest Price per share traded on Nasdaq | : US$22.10 |
Average Price of shares sold | : US$22.53 |
Total value of transaction | : US$1,126,500 |
Nature of transaction | : On-market sale |
Nature and extent of director’s interest | : Direct beneficial |
By order of the Board
25 February 2022
Sponsor: Grindrod Bank Limited