Zeder Investments : Disposal of The Logistics Group - Results of The General Meeting

ZEDER INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) Registration number: 2006/019240/06 Share code: ZED

ISIN code: ZAE000088431

LEI: 37890022AF5FD117D649 ("Zeder" or "the Company")

DISPOSAL OF THE LOGISTICS GROUP - RESULTS OF THE GENERAL MEETING

Shareholders are referred to Zeder's various announcements released on SENS ("Announcements") in terms of which Zeder advised shareholders of the intended disposal, by Zeder Financial Services Limited, a wholly-owned subsidiary of Zeder, of its shareholding in The Logistics Group ("Disposal"), as well as Zeder's circular in this regard, dated 15 February 2022 ("Circular").

Capitalised terms used herein and that are not otherwise defined, bear the meanings ascribed to them in the Circular.

Shareholders are hereby advised that at the General Meeting of the Company held entirely by electronic communication at 10:30 today, Tuesday, 15 March 2022, all of the ordinary resolutions were passed by the requisite majority of Shareholders.

Details of the results of the voting at the General Meeting are as follows:

		Votes
	Votes for	against
	resolution	resolution
	as a	as a			Number of
	percentage	percentage			shares	Number of
	of total	of total			voted at	shares
	number of	number of			General	abstained
	shares	shares	Number of		Meeting as a	as a
Resolutions	voted at	voted at	shares voted at		percentage	percentage
proposed at the	General	General	General		of shares in	of shares in
General Meeting	Meeting	Meeting	Meeting		issue*	issue*
Ordinary resolution	100.00%	0.00%	1 182 652 091		76.63%	0.05%
number 1:
Approval of the
Disposal in terms of
the JSE Listings
Requirements
Ordinary resolution	100.00%	0.00%	1 182 852 412		76.65%	0.04%
number 2:
Authorisation of
directors
*The total number	of Shares in	issue as at	the date of the	General Meeting was

1 543 260 354, of which 5 001 469 were treasury Shares.

Shareholders are advised that good progress has been made in respect of the fulfilment of the Conditions Precedent, as contemplated in the Circular, but should note that the Disposal still remains subject to certain conditions.

The final dates for the implementation of the Disposal will be communicated on SENS.

Stellenbosch

15 March 2022

Transaction Advisor and Sponsor	Joint Independent Sponsor
PSG Capital	Tamela Holdings