SIRIUS REAL ESTATE LIMITED - Conversion Of Convertible Loan Notes

Conversion Of Convertible Loan Notes

SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
Share Code: SRE
ISIN Code: ISIN GG00B1W3VF54


                                                                                               23 June 2016

                                        Sirius Real Estate Limited

                                    ("Sirius Real Estate" or the "Company")

                                     Conversion of Convertible Loan Notes

Sirius Real Estate, the leading operator of branded business parks providing conventional and flexible
workspace to the German market, announces that the Karoo Investment Fund S.C.A. SICAV-SIF ("Karoo")
has served notice to convert its €5,000,000 5% convertible loan notes due 2018 (the "Convertible Loan
Notes"), in full, into, in aggregate, 22,814,731 new ordinary shares (the "Conversion Shares") at the
conversion price of €0.2191566 per Ordinary Share, as adjusted in accordance with the terms and
conditions of the Convertible Loan Notes.

Details of the issue of the Convertible Loan Notes are set out in the Company's announcement dated 22
March 2013.

Application has been made for the above mentioned 22,814,731 Conversion Shares to be admitted to
trading on the AIM market of the London Stock Exchange Plc and to be listed on the AltX of the
Johannesburg Stock Exchange ("Admission").

It is expected that Admission of the Conversion Shares will become effective and that dealings will
commence in the Conversion Shares on 28 June 2016 at 8 a.m. (BST) on AIM and at 9 a.m. (CAT) on AltX.

Following Admission, the total number of voting rights in the Company will be 831,717,000 the number
of shares in treasury shall be 1,062,058 and the total number of ordinary shares in issue (including those
in treasury) will be 832,779,058.

For further information:

Sirius Real Estate
Andrew Coombs, CEO                                                            +49 (0)30 285010110
Alistair Marks, CFO

Peel Hunt
Capel Irwin - Corporate                                                       +44 (0)20 7418 8900
Alastair Rae - ECM Syndicate                                                  +44 (0)20 7418 8914

Canaccord Genuity Limited                                                     +44 (0)20 7523 8000
Bruce Garrow
Chris Connors

PSG Capital
David Tosi                                                                    +27 (0)21 887 9602
Willie Honeyball

Novella
Tim Robertson                                                                 +44 (0)20 3151 7008
Toby Andrews


Company Website
www.sirius-real-estate.com

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