Wrap Text
Tender Offer Results
MAS P.L.C.
Registered in Malta
Registration number C 99355
JSE share code: MSP
ISIN: VGG5884M1041
LEI code: 213800T1TZPGQ7HS4Q13
("MAS" or "the Company" or "the Group")
TENDER OFFER RESULTS
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS
TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN
SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES AND
THE DISTRICT OF COLUMBIA (THE "UNITED STATES") OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS
UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT (SEE "OFFER AND DISTRIBUTION
RESTRICTIONS" BELOW).
MAS SECURITIES B.V.
(incorporated in The Netherlands with limited liability)
On 29 September 2025, stakeholders were advised that MAS Securities BV (the "Issuer"), a wholly owned subsidiary of
the Company, announced its invitation to holders of the EUR300,000,000 4.25 per cent. Guaranteed Notes due 2026 (ISIN:
XS2339025277) (the "Notes") to tender such Notes for purchase by the Issuer for cash (the "Offer") in an aggregate
principal amount up to the Maximum Acceptance Amount, on the terms and subject to the conditions set out in the tender
offer memorandum dated 29 September 2025 (the "Tender Offer Memorandum") prepared by the Issuer. The Offer
remains subject to the offer and distribution restrictions set out below and as more fully described in the Tender Offer
Memorandum. Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender
Offer Memorandum.
The Expiration Deadline for the Offer was 4.00 p.m. (London time) on 6 October 2025. The Company today announces that
the Issuer will accept for purchase EUR 119,998,000 in aggregate principal amount of the Notes validly tendered pursuant
to the Offer. The total purchase consideration (including Accrued Interest Payments) for Notes validly tendered and
accepted for purchase pursuant to the Offer will be EUR 121,982,076.41.
The results of the Offer are available on the Euronext Dublin website at the following link:
https://direct.euronext.com/api/PublicAnnouncements/RISDocument/ANN147720.pdf?id=9db1da50-7591-4b35-8570-bbae43ea21db
This announcement must be read in conjunction with the Tender Offer Memorandum. If any Holder is in any doubt
as to the action it should take, it is recommended to seek its own financial and legal advice, including in respect
of any tax consequences, from its broker, bank manager, solicitor, accountant or other independent financial, tax
or legal adviser.
The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted
by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are
required by each of the Company, the Dealer Manager and the Tender Agent to inform themselves about, and to
observe, any such restrictions.
7 October 2025
For further information please contact:
Irina Grigore, MAS P.L.C. +356 27 66 36 91
PSG Capital, JSE Sponsor +27 010 978 2434
Date: 07-10-2025 10:17:00
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