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ZEDER:  107   -7 (-6.14%)  30/06/2026 16:25

ZEDER INVESTMENTS LIMITED - Disposal by Zeder of Zaad extension of long stop date

Release Date: 30/06/2026 14:00
Code(s): ZED     PDF:  
Wrap Text
Disposal by Zeder of Zaad – extension of long stop date

ZEDER INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2006/019240/06
Share code: ZED
ISIN: ZAE000088431
LEI code: 37890022AF5FD117D649
Main Board – General Segment
("Zeder" or "the Company")


DISPOSAL BY ZEDER OF ZAAD – EXTENSION OF LONG STOP DATE


All capitalised terms used but not defined in this announcement shall bear the meanings ascribed
to them in the Circular.


1.     TRANSACTION UPDATE

1.1.     Zeder shareholders ("Shareholders") are referred to the announcement released on
         SENS on 27 May 2026 and the circular ("Circular") distributed to Shareholders on 31
         March 2026, advising that the Disposal is subject to the fulfilment (or where applicable,
         waiver) of certain Conditions Precedent and that the Longstop Date of the Disposal is
         17:00 on the date falling 6 months after the Signature Date, or such other date as the
         parties agree in writing on or before such date, anticipated as 31 July 2026.

1.2.     The process of obtaining approval of the Disposal in writing by the relevant Competition
         Authority/ies is ongoing as per the SENS released on 27 May 2026. This process may
         however not be completed by the Long Stop Date, as a precautionary measure, the Long
         Stop Date has been extended to 30 November 2026 by all parties. It is however
         anticipated that the relevant Competition Authority approvals will be obtained prior to the
         revised Long Stop Date.

2.     RESPONSIBILITY STATEMENTS

2.1.     The Independent Board individually and collectively accepts full responsibility for the
         accuracy of the information contained in this announcement. In addition, the Independent
         Board certifies that to the best of its knowledge and belief, the information contained in
         this announcement solely pertaining to the Company is true and, where appropriate,
         does not omit anything that is likely to affect the importance of the information contained
         herein, and that all reasonable enquiries to ascertain such information have been made.

2.2.     The Zeder Board (excluding the members of the Independent Board) ("Board")
         individually and collectively accepts full responsibility for the accuracy of the information
         contained in this announcement. In addition, the Board certifies that to the best of its
         knowledge and belief, the information contained in this announcement solely pertaining
         to the Company is true and, where appropriate, does not omit anything that is likely to
         affect the importance of the information contained herein, and that all reasonable
         enquiries to ascertain such information have been made.

2.3.     Each Purchaser accepts full responsibility for the accuracy of the information contained
         in this announcement insofar as it relates to it. In addition, each Purchaser certifies that,
         to the best of its knowledge and belief, the information contained in this announcement
         solely pertaining to it is true and, where appropriate, does not omit anything that is likely
         to affect the importance of the information contained herein, and that all reasonable
         enquiries to ascertain such information have been made.

Stellenbosch

30 June 2026

Transaction Advisor and Sponsor
PSG Capital

Date: 30-06-2026 02:00:00
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