Brief: Taylor Maritime Investments Delivered A Non-Binding Indicative Offer Proposal To Grindrod Shipping Holdings Board - Filing

Grindrod Shipping Holdings

29/08/2022 14:16

Aug 29 (Reuters) - Grindrod Shipping Holdings Ltd  GRIN.O :
    * TAYLOR MARITIME INVESTMENTS - ON AUGUST 25, 2022,
DELIVERED A
NON-BINDING INDICATIVE OFFER PROPOSAL TO GRINDROD SHIPPING
HOLDINGS LTD BOARD
    * TAYLOR MARITIME INVESTMENTS - PROPOSED TO ACQUIRE 100% OF
THE
GRINDROD SHIPPING’S SHARES THAT IT AND AFFILIATES DONT ALREADY
OWN, FOR $26.00/SHARE
    * TAYLOR MARITIME INVESTMENTS - PER LETTER, DATED AS OF AUG
25,
2022,  GRANTED A PERIOD OF EXCLUSIVITY BY GRINDROD SHIPPING TO
NEGOTIATE PROPOSAL

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