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MAS REAL ESTATE INC - Results of the Private Placement

Release Date: 14/02/2013 16:30
Code(s): MSP     PDF:  
Wrap Text
Results of the Private Placement

MAS Real Estate Inc.
(formerly MAS plc)
(Registered in the British Virgin Islands)
(Registration number 1750199)
(Registered as an external company in the Republic of South Africa)
(Registration number 2010/000338/10)
SEDOL (XLUX): B96VLJ5
SEDOL (ALTX): B96TSD2
JSE share code: MSP
ISIN: VGG5884M1041
(“MAS” or the “Company”)

RESULTS OF THE PRIVATE PLACEMENT

Shareholders are referred to the announcement dated 28 January 2013 regarding the private placement of MAS shares.

Shareholders are hereby advised that in terms of the private placement, which closed at 12:00 (CET) on Wednesday, 13 February 2013, MAS successfully placed a
total of 22 664 215 new shares (“private placement shares”), thereby raising EUR23 797 426 via applications received on both the Euro-MTF market of the
Luxembourg Stock Exchange (“LuxSE”) and the Johannesburg Stock Exchange’s Altx (“JSE”).

Successful applicants will be advised of their allocation of private placement shares by Friday, 15 February 2013.

For applicants who successfully subscribed for private placement shares via the JSE the private placement shares will be issued at an issue price of R12.518205 per
share (the Rand equivalent of the EUR1.05 per share issue price), based on the exchange rate of EUR1.00: R11.9221 at the close of business on Wednesday,
13 February 2013.

For applicants who successfully subscribed for private placement shares via the LuxSE, posting of share certificates in respect of certificated shareholders will take
place on or about Thursday, 21 February 2013. The accounts at CSDPs, banks or brokers in respect of dematerialised shareholders who subscribed for private
placement shares will be updated on Thursday, 21 February 2013.

For applicants who subscribed for private placement shares on the JSE in terms of the private placement, the allocated private placement shares will be transferred to
successful applicants in dematerialised form on a ‘delivery-versus-payment’ basis on the date of listing, being Thursday, 21 February 2013.

The board of directors of the Company wishes to thank existing shareholders and new applicants for their support for the private placement.


14 February 2013

For further information please contact:
Helen Cullen, Company Secretary, MAS Real Estate Inc.        +44 1624 625000
Java Capital, JSE Sponsor                                    +27 11 2830042
Charl Brand, M Partners, Luxembourg                          +352 263868602

Date: 14/02/2013 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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