The Traderszone Network

Published in TZ Latest News 22 September, 2021 by The TZ Newswire Staff

Grindrod Shipping Holdings Ltd. Announces Pricing of Secondary Offering of Ordinary Shares

SINGAPORE, Sept. 22, 2021 (GLOBE NEWSWIRE) — Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “it” or “we”), a global provider of maritime transportation services predominately in the drybulk sector, today announced the pricing of the previously announced underwritten public secondary offering of 1,841,962 ordinary shares by certain existing shareholders of the Company (the “Selling Shareholders”) at a public offering price of $13.50 per share, for an aggregate purchase price of $24,866,487.

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