FilingReader Intelligence

PIC reduces Grindrod stake to 14.984%

August 22, 2025 at 09:01 PM UTCBy FilingReader AI

The Public Investment Corporation has disposed of shares in Grindrod Limited, reducing its total beneficial interest to 14.984% of ordinary shares in issue.

The transaction represents a significant shift in Grindrod's ownership structure, with South Africa's state pension fund manager cutting its stake in the logistics and freight company.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

JSE:GNDEJohannesburg Stock Exchange

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