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GRINDROD SHIPPING HOLDINGS LIMITED - Announces Filing of Form F-3 Registration Statement, Amendment no. 1 with the U.S. SEC

Release Date: 09/09/2021 07:50
Code(s): GSH     PDF:  
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Announces Filing of Form F-3 Registration Statement, Amendment no. 1 with the U.S. SEC

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. Announces Filing of Form F-3 Registration Statement, Amendment no. 1 with
the U.S. Securities and Exchange Commission

Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company" or “it” or “we”),
a global provider of maritime transportation services predominantly in the drybulk sector, announced that it
has filed a Form F-3 Registration Statement, Amendment no. 1 with the U.S. Securities and Exchange
Commission (the “SEC”) on September 8, 2021.

The Amendment no. 1 to the Registration Statement on Form F-3 (File No. 333-259019) was being filed solely
to re-file exhibit 5.1 (opinion of our Singapore counsel, Wong Tan & Molly LLC), opining that the current issued
share capital of the Company is comprised of 19,310,024 ordinary shares; which have been duly authorised
and are validly issued and fully paid up.


For full details on the Company’s shelf registration statement on Form F-3, Amendment no. 1, please refer to
http://www.grinshipping.com/Content/SECFilings.


About Grindrod Shipping Holdings Ltd.

Grindrod Shipping predominantly owns and operates a diversified fleet of owned and long-term and short-term
chartered-in drybulk vessels. The drybulk business, which operates under the brand “Island View Shipping”
(“IVS”), includes a Core Fleet of 31 vessels consisting of 15 handysize drybulk carriers and 16 supramax/ultramax
drybulk carriers. The Company also owns one medium range product tanker on bareboat charter. The Company
is based in Singapore, with offices in London, Durban, Tokyo, Cape Town and Rotterdam. Grindrod Shipping is
listed on NASDAQ under the ticker “GRIN” and on the JSE under the ticker “GSH”.

Rule 134 Disclosure

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange
Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be
accepted, prior to the time the registration statement becomes effective. This press release does not constitute
an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities
in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy,
or any sales of securities will be made in accordance with the registration requirements of the Securities Act of
1933, as amended (“Securities Act”). This announcement is being issued in accordance with Rule 134 under the
Securities Act.


Forward-Looking Statements

The statements in this press release that are not historical facts may be forward-looking statements. The Private
Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in
order to encourage companies to provide prospective information about their business. The Company desires
to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is
including this cautionary statement in connection with this safe harbor legislation. The forward-looking
statements in this press release are based upon various assumptions, including, without limitation, Grindrod
Shipping management's examination of historical trends, data contained in the Company's records and other
data available from third parties. Although the Company believes that these assumptions were reasonable when
made, because these assumptions are inherently subject to significant uncertainties and contingencies which
are difficult or impossible to predict and are beyond the Company's control, the Company cannot assure you
that it will achieve or accomplish these expectations, beliefs or projections. These forward-looking statements
involve risks and uncertainties that could cause actual results to differ materially from those discussed in the
forward-looking statements. These risks and uncertainties include, among others, those discussed in Grindrod
Shipping's public filings with the SEC. Except as required by law, Grindrod Shipping undertakes no obligation to
update publicly or release any revisions to these forward-looking statements to reflect events or circumstances
after the date of this press release or to reflect the occurrence of unanticipated events.




 Company Contact:                                        Investor Relations / Media Contact:
 Martyn Wade / Stephen Griffiths                         Nicolas Bornozis / Daniela Guerrero
 CEO / CFO                                               Capital Link, Inc.
 Grindrod Shipping Holdings Ltd.                         230 Park Avenue, Suite 1536
 200 Cantonment Road, #03-01 Southpoint                  New York, N.Y. 10169
 Singapore, 089763                                       Tel.: (212) 661-7566
 Email: ir@grindrodshipping.com                          Fax: (212) 661-7526
 Website: www.grinshipping.com                           Email: grindrod@capitallink.com



By order of the Board
9 September 2021
Sponsor: Grindrod Bank Limited




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Date: 09-09-2021 07:50:00
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