SIRIUS REAL ESTATE LIMITED - Notification Of Major Interest In Shares

Notification Of Major Interest In Shares

SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
Share Code: SRE
ISIN Code: ISIN GG00B1W3VF54
(“Sirius Real Estate” or “the Company”)

For filings with the FCA include the annex
For filings with issuer exclude the annex


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are                           SIRIUS REAL ESTATE LIMITED
attached: ii

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                                  X

An acquisition or disposal of qualifying financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying
financial instruments
An event changing the breakdown of voting rights
Other (please
specify):

3. Full name of person(s) subject to the         KAROO INVESTMENT FUND SCA SICAV SIF
notification obligation: iii



4. Full name of shareholder(s)                   KAROO INVESTMENT FUND SCA SICAV SIF
 (if different from 3.):iv

5. Date of the transaction and date on
which the threshold is crossed or                12 February 2016
reached: v

6. Date on which issuer notified:                15 February 2016

7. Threshold(s) that is/are crossed or
reached: vi, vii                                 9%

8. Notified details:
A: Voting rights attached to shares viii, ix

Class/type of        Situation previous          Resulting situation after the triggering transaction
shares               to the triggering
                     transaction
if possible using    Number         Number       Number           Number of voting          % of voting rights x
the ISIN CODE        of             of           of shares        rights
                     Shares         Voting                                     Indirect
                                                 Direct           Direct xi                 Direct       Indirect
                                    Rights                                     xii

GG00B1W3VF54         135,825,552   135,825,552    69,377,303      69,377,303                 9%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial          Expiration    Exercise/                      Number of voting        % of voting
instrument                 date xiii     Conversion Period      xiv     rights that may be      rights
                                                                        acquired if the
                                                                        instrument is
                                                                        exercised/ converted.


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
xv, xvi

Resulting situation after the triggering transaction
Type of financial     Exercise     Expiration    Exercise/        Number of voting rights       % of voting rights xix,
instrument            price        date xvii     Conversion       instrument refers to          xx

                                                 period xviii
                                                                                                Nominal     Delta

Total (A+B+C)
Number of voting rights                                   Percentage of voting rights
69,377,303                                                9%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi


Proxy Voting:
10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease
to hold:

12. Date on which proxy holder will cease to hold
voting rights:


13. Additional information:


14. Contact name:                            Charl Cloete at Clearance Capital LLP


15. Contact telephone number:                +44 203 0027 685


17 February 2016


PSG Capital Proprietary Limited
                                             +27 (0)21 887 9602
David Tosi

Willie Honeyball

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