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MAS REAL ESTATE INC - Issue of listing particulars n respect of the Karoo Transaction

Release Date: 19/12/2013 15:00
Code(s): MSP     PDF:  
Wrap Text
Issue of listing particulars n respect of the Karoo Transaction

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”)


ISSUE OF LISTING PARTICULARS IN RESPECT OF THE KAROO TRANSACTION

INTRODUCTION
Shareholders are referred to the Company's announcements of 3 October 2013 (the “3 October
Announcement”) and 20 November 2013 and are advised that MAS has today issued Listing Particulars in
respect of the issue of 31 962 365 new MAS shares (the "Consideration Shares") to Attacq Limited (“Attacq”)
in order to settle the purchase price for the acquisition of 42 722.256 shares in Karoo Investment Fund S.C.A
SICAV-SIF by MAS.


ISSUE AND LISTING OF NEW SHARES
The Consideration Shares will be listed on the Luxembourg Stock Exchange (“LuxSE”) and the JSE with effect
from the start of trading on Friday 20 December 2013 and following the issue of the Consideration Shares, MAS
will have 104 158 624 shares in issue.


DOCUMENTS AVAILABLE
The full Listing Particulars are available on the Company's website at www.masrei.com and a copy can also be
obtained by contacting the Company Secretary, whose details are set out below.


SHAREHOLDING THRESHOLD
In accordance with the LuxSE Listing Rules, shareholders are advised that pursuant to the issue of the
Consideration Shares, Attacq’s shareholding in MAS will be in excess of 33.3%. Subject to the Realised Price
adjustments described in the 3 October Announcement, it is expected that Attacq will hold 47.2% of the shares
in the Company.


MAS has its primary listing on the Euro MTF market of the LuxSE and a secondary listing on the Alternative
Exchange of the JSE.



19 December 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: 19/12/2013 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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