Acquisition of Up To 35% Of Financiera Contigo - Amendment of Agreement

Acquisition of Up To 35% Of Financiera Contigo - Amendment of Agreement

Finbond Group Limited
(Registration number: 2001/015761/06)
Share code: FGL ISIN: ZAE000138095
("Finbond" or "the Company" or "FGL")

ACQUISITION OF UP TO 35% of FINANCIERA CONTIGO - AMENDMENT OF AGREEMENT

Finbond shareholders are referred to the announcement released on SENS
on Monday, 24 May 2021, which advised that that Finbond has agreed
terms with Cege Capital S.A.P.I. de C.V. SOFOM E.N.R ("Financiera
Contigo") ("Contigo") that sets forth the terms and conditions
pursuant to which Finbond will acquire up to 35% of the equity
interests issued by Financiera Contigo.

Shareholders are advised that Finbond and Contigo have agreed to amend
the salient terms of the agreement to extend the anticipated effective
date of the transaction to 1 November 2021 and the date of the
fulfillment of the conditions precedent to 31 October 2021 and the
option to acquire a further 10% of Contigo's shares to 31 December
2021.

23 July 2021
Pretoria

Sponsor
Grindrod Bank Limited

Date: 23-07-2021 05:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.