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MAS REAL ESTATE INC - Acquisition of MAS shares by PKM Development and dealings in securities by an associate of directors of MAS

Release Date: 12/06/2020 17:45
Code(s): MSP     PDF:  
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Acquisition of MAS shares by PKM Development and dealings in securities by an associate of directors of MAS

MAS Real Estate Inc.
Registered in the British Virgin Islands
Registration number 1750199
SEDOL (EMTF): B96VLJ5
SEDOL (JSE): B96TSD2
JSE share code: MSP
ISIN: VGG5884M1041
LEI code: 213800T1TZPGQ7HS4Q13
(“MAS” or “the Company”)



ACQUISITION OF MAS SHARES BY PKM DEVELOPMENT AND DEALINGS IN SECURITIES BY   AN ASSOCIATE 
OF DIRECTORS OF MAS
                   

Shareholders are referred to the announcement on 5 June 2020 and are advised of the following information
relating to additional dealings in MAS ordinary shares by PKM Development Limited (“PKM”) which is the
holding company for the Development Joint Venture (“DJV”) between Prime Kapital Holdings Ltd (“PK”) and
MAS. PKM is an associate of Martin Slabbert and Victor Semionov. Martin and Victor are directors of MAS
and have indirect beneficial interests in the MAS ordinary shares acquired by PKM. The purchases were
conducted on-market on the JSE Limited.


 Transaction date:                                             9 June 2020
 Number of securities:                                         2,061,926
 Highest traded price per security on the market on the day:   ZAR 14.29
 Weighted average price per security:                          ZAR 13.89698
 Lowest traded price per security on the market on the day:    ZAR 13.55
 Total value:                                                  ZAR 28,654,549.64

 Transaction date:                                             10 June 2020
 Number of securities:                                         4,850,000
 Price per security:                                           ZAR 13.8000
 Total value:                                                  ZAR 66,930,000.00

 Transaction date:                                             11 June 2020
 Number of securities:                                         9,375
 Price per security:                                           ZAR 13.2200
 Total value:                                                  ZAR 123,937.50

 Transaction date:                                             12 June 2020
 Number of securities:                                         3,289,210
 Highest traded price per security on the market on the day:   ZAR 13.99
 Weighted average price per security:                          ZAR 13.0959
 Lowest traded price per security on the market on the day:    ZAR 12.20
 Total value:                                                  ZAR 43,075,159.95

MAS is listed on the Main Board of the JSE and is listed and admitted to trading on the Euro MTF market
of the Luxembourg Stock Exchange. This announcement meets with the information requirements of the
EU Market Abuse Regulation in terms of which shareholders are advised that PKM is considered a person
closely associated with Martin Slabbert and Victor Semionov which as executive directors of MAS
discharges managerial responsibilities for the Company.


12 June 2020

For further information please contact:
Dan Petrisor, MAS Real Estate Inc.            +40 741 184 921
Java Capital, JSE Sponsor                     +27 11 722 3050
Harney Westwood & Riegels SARL,
Luxembourg Stock Exchange Listing Agent       +352 27 867 102

Date: 12-06-2020 05:45:00
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