MSP - Mas Real Estate Inc - Dealings In Securities By Directors, The Company Secretary And By An Associate Of A Director Of Mas - 12/10/2017
HOME CONTACT US LOGIN
 
< Back to SENS


Mas Real Estate Inc - Dealings In Securities By Directors, The Company Secretary And By An Associate Of A Director Of Mas

Release Date: 12/10/2017 17:45:00      Code(s): MSP      
Dealings in securities by directors, the company secretary and by an associate of a director of MAS

MAS Real Estate Inc.
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 (EMTF): B96VLJ5
SEDOL (JSE): B96TSD2
JSE share code: MSP
ISIN: VGG5884M1041
LEI code: 213800T1TZPGQ7HS4Q13
(“MAS”)


DEALINGS IN SECURITIES BY DIRECTORS, THE COMPANY SECRETARY AND BY AN ASSOCIATE OF A DIRECTOR OF MAS


Shareholders are advised of the following information relating to dealings in securities by directors, by the company
secretary and by an associate of a director of MAS pursuant to the distribution election in respect of the final distribution
for the year ended 30 June 2017, as announced on 26 September 2017, whereby the default option was the issue of
new MAS shares at a price of ZAR 26.41325 / EUR 1.66793 per share (“the distribution election”): Transaction dates
for the purposes of the JSE are taken as being the record date for the distribution election.

Name of director:                                        Ronald Spencer
Transaction date:                                        6 October 2017
Class of securities:                                     Ordinary shares
Number of securities:                                    221
Price per security:                                      EUR 1.66793
Total value of transaction:                              EUR 368.6136
Nature of transaction:                                   Off-market receipt of ordinary shares in terms of the default
                                                         option under the distribution election
Nature and extent of director's interest:                Direct beneficial
Clearance to deal received:                              Yes

Name of associate:                                       Marie Goosen
Name of director and relationship:                       Pierre Goosen, spouse of Marie Goosen
Transaction date:                                        6 October 2017
Class of securities:                                     Ordinary shares
Number of securities:                                    856
Price per security:                                      ZAR 26.41325
Total value of transaction:                              ZAR 22 609.74200
Nature of transaction:                                   Off-market receipt of ordinary shares in terms of the default
                                                         option under the distribution election
Nature and extent of director's interest:                Indirect beneficial
Clearance to deal received:                              N/A

Name of company secretary:                               Helen Cullen
Transaction date:                                        6 October 2017
Class of securities:                                     Ordinary shares
Number of securities:                                    280
Price per security:                                      EUR 1.66793
Total value of transaction:                              EUR 467.0218
Nature of transaction:                                   Off-market receipt of ordinary shares in terms of the default
                                                         option under the distribution election
Nature and extent of company secretary's interest:       Direct beneficial
Clearance to deal received:                              Yes

Name of director:                                        Morné Wilken
Transaction date:                                        6 October 2017
Class of securities:                                     Ordinary shares
Number of securities:                                    1,182
Price per security:                                      ZAR 26.41325
Total value of transaction:                              ZAR 31 220.4615
Nature of transaction:                                   Off-market receipt of ordinary shares in terms of the default
                                                         option under the distribution election
Nature and extent of director's interest:                Direct beneficial
Clearance to deal received:                              Yes

Name of associate:                                       Trinsam Trust
Name of director and relationship:                       Morné Wilken, trustee and beneficiary of The Trinsam Trust
Transaction date:                                        6 October 2017
Class of securities:                                     Ordinary shares
Number of securities:                                    4 786
Price per security:                                      ZAR 26.41325
Total value of transaction:                              ZAR 126 413.815
Nature of transaction:                                   Off-market receipt of ordinary shares in terms of the default
                                                         option under the distribution election
Nature and extent of director's interest:                Indirect beneficial

Name of director:                                        Jonathan Knight
Transaction date:                                        6 October 2017
Class of securities:                                     Ordinary shares
Number of securities:                                    10,183
Price per security:                                      EUR 1.66793
Total value of transaction:                              EUR 16 984.58
Nature of transaction:                                   Off-market receipt of ordinary shares in terms of the default
                                                         option under the distribution election
Nature and extent of director's interest:                Direct beneficial
Clearance to deal received:                              Yes

Name of director:                                        Lukas Nakos
Transaction date:                                        6 October 2017
Class of securities:                                     Ordinary shares
Number of securities:                                    2
Price per security:                                      EUR 1.66793
Total value of transaction:                              EUR 3.33587
Nature of transaction:                                   Off-market receipt of ordinary shares in terms of the default
                                                         option under the distribution election
Nature and extent of director's interest:                Direct beneficial
Clearance to deal received:                              Yes

In accordance with the requirements of the EU Market Abuse Regulation, the notification and public disclosure of
transactions by persons discharging managerial responsibilities and persons closely associated with them is set out
below. Transaction dates for the purposes of the EU Market Abuse Regulations in the case of a receipt of shares under
the distribution election are taken as being the date of issue and listing of the shares relating to the distribution election.

 1.   Details of the person discharging managerial responsibilities/person closely associated
 a)   Name                         Ronald Spencer
 2.   Reason for the notification
 a)   Position / status                Director
 b)   Initial notification /           Initial notification
      amendment
 3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
      monitor
 a)   Name                          MAS Real Estate Inc.
 b)   LEI                           213800T1TZPGQ7HS4Q13
 4.   Details of the transaction(s)
      section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)
      each place where transactions have been conducted
 a)   Description of the financial   Ordinary Shares
      instrument, type of
      instrument
      Identification code           ISIN: VGG5884M1041
 b)   Nature of the transaction     Receipt of ordinary shares in terms of the default option under the
                                    distribution election
 c)   Price(s) and volume(s)        Price(s)                                                         Volume(s)
                                    Price per Security: EUR 1.667935                                 221
 d)   Aggregated information
      — Aggregated volume           221
      — Price                       EUR 1.667935
 e)   Date of the transaction       11-10-2017
 f)   Place of the transaction      Outside trading venue

 1.   Details of the person discharging managerial responsibilities/person closely associated
 a)   Name                          Marie Goosen
 2.   Reason for the notification
 a)   Position / status             Person Closely Associated with a Person Discharging Managerial Responsibilities
                                    - Spouse of Pierre Goosen, director
 b)   Initial notification /        Initial notification
      amendment
 3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
      monitor
 a)   Name                          MAS Real Estate Inc.
 b)   LEI                           213800T1TZPGQ7HS4Q13
 4.   Details of the transaction(s)
      section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)
      each place where transactions have been conducted
 a)   Description of the financial   Ordinary Shares
      instrument, type of
      instrument
      Identification code           ISIN: VGG5884M1041
 b)   Nature of the transaction     Receipt of ordinary shares in terms of the default option under the
                                    distribution election
 c)   Price(s) and volume(s)        Price(s)                                                         Volume(s)
                                    Price per Security: ZAR 26.41325                                 856
 d)   Aggregated information
      — Aggregated volume           856
      — Price                       ZAR 26.41325
 e)   Date of the transaction       11-10-2017
 f)   Place of the transaction      Outside trading venue
1.   Details of the person discharging managerial responsibilities/person closely associated
a)   Name                           Helen Cullen
2.   Reason for the notification
a)   Position / status              Company Secretary
b)   Initial notification /         Initial notification
     amendment
3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
     monitor
a)   Name                           MAS Real Estate Inc.
b)   LEI                            213800T1TZPGQ7HS4Q13
4.   Details of the transaction(s)
     section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)
     each place where transactions have been conducted
a)   Description of the financial   Ordinary Shares
     instrument, type of
     instrument
     Identification code            ISIN: VGG5884M1041
b)   Nature of the transaction      Receipt of ordinary shares in terms of the default option under the
                                    distribution election
c)   Price(s) and volume(s)         Price(s)                                                         Volume(s)
                                    Price per Security: EUR 1.667935                                 250
d)   Aggregated information
     — Aggregated volume            250
     — Price                        EUR 1.667935
e)   Date of the transaction        11-10-2017
f)   Place of the transaction       Outside trading venue

1.   Details of the person discharging managerial responsibilities/person closely associated
a)   Name                           Morné Wilken
2.   Reason for the notification
a)   Position / status              Director
b)   Initial notification /         Initial notification
     amendment
3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
     monitor
a)   Name                           MAS Real Estate Inc.
b)   LEI                            213800T1TZPGQ7HS4Q13
4.   Details of the transaction(s)
     section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)
     each place where transactions have been conducted
a)   Description of the financial   Ordinary Shares
     instrument, type of
     instrument
     Identification code            ISIN: VGG5884M1041
b)   Nature of the transaction      Receipt of ordinary shares in terms of the default option under the
                                    distribution election
c)   Price(s) and volume(s)         Price(s)                                                         Volume(s)
                                    Price per Security: ZAR 26.41325                                 1,182
d)   Aggregated information
     — Aggregated volume            1,182
     — Price                        ZAR 26.41325
e)   Date of the transaction        11-10- 2017
f)   Place of the transaction       Outside trading venue
1.   Details of the person discharging managerial responsibilities/person closely associated
a)   Name                           Trinsam Trust
2.   Reason for the notification
a)   Position / status              Person Closely Associated with a Person Discharging Managerial Responsibilities
                                    - Morné Wilken is a trustee and beneficiary of the Trinsam Trust as well as a
                                    director of MAS Real Estate Inc.
b)   Initial notification /         Initial notification
     amendment
3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
     monitor
a)   Name                           MAS Real Estate Inc.
b)   LEI                            213800T1TZPGQ7HS4Q13
4.   Details of the transaction(s)
     section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)
     each place where transactions have been conducted
a)   Description of the financial   Ordinary Shares
     instrument, type of
     instrument
     Identification code            ISIN: VGG5884M1041
b)   Nature of the transaction      Receipt of ordinary shares in terms of the default option under the
                                    distribution election
c)   Price(s) and volume(s)         Price(s)                                                         Volume(s)
                                    Price per Security: ZAR 26.41325                                 4,786
d)   Aggregated information
     — Aggregated volume            4,786
     — Price                        ZAR 26.41325
e)   Date of the transaction        11-10-2017
f)   Place of the transaction       Outside trading venue

1.   Details of the person discharging managerial responsibilities/person closely associated
a)   Name                           Jonathan Knight
2.   Reason for the notification
a)   Position / status              Director
b)   Initial notification /         Initial notification
     amendment
3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
     monitor
a)   Name                           MAS Real Estate Inc.
b)   LEI                            213800T1TZPGQ7HS4Q13
4.   Details of the transaction(s)
     section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)
     each place where transactions have been conducted
a)   Description of the financial   Ordinary Shares
     instrument, type of
     instrument
     Identification code            ISIN: VGG5884M1041
b)   Nature of the transaction      Receipt of ordinary shares in terms of the default option under the
                                    distribution election
c)   Price(s) and volume(s)         Price(s)                                                         Volume(s)
                                    Price per Security: EUR 1.667935                                 9,046
d)   Aggregated information
     — Aggregated volume            9,046
     — Price                        EUR 1.667935
e)   Date of the transaction        11-10-2017
f)   Place of the transaction       Outside trading venue
 1.   Details of the person discharging managerial responsibilities/person closely associated
 a)   Name                          Lukas Nakos
 2.   Reason for the notification
 a)   Position / status             Director
 b)   Initial notification /        Initial notification
      amendment
 3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
      monitor
 a)   Name                          MAS Real Estate Inc.
 b)   LEI                           213800T1TZPGQ7HS4Q13
 4.   Details of the transaction(s)
      section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)
      each place where transactions have been conducted
 a)   Description of the financial   Ordinary Shares
      instrument, type of
      instrument
      Identification code            ISIN: VGG5884M1041
 b)   Nature of the transaction      Receipt of ordinary shares in terms of the default option under the
                                     distribution election
 c)   Price(s) and volume(s)         Price(s)                                                         Volume(s)
                                     Price per Security: EUR 1.667935                                 2
 d)   Aggregated information
      — Aggregated volume            2
      — Price                        EUR 1.667935
 e)   Date of the transaction        11-10-2017
 f)   Place of the transaction       Outside trading venue


MAS holds a dual primary listing on the Main Board of the JSE and the Euro MTF market of the LuxSE.


12 October 2017

For further information please contact:
Helen Cullen, Company Secretary, MAS Real Estate Inc.                             +44 1624 625000
Java Capital, JSE Sponsor                                                         +27 11 722 3050
Charl Brand, M Partners, Luxembourg                                               +352 263 868 602

Date: 12/10/2017 05:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Email this JSE Sens Item to a Friend.
Social Media
Like Sharenet on Facebook          Follow Sharenet on Twitter
Send e-mail to for any enquiries or see Contact Details for phone numbers
Home   •   Terms & conditions   •   PAIA   •   Privacy Policy   •   Security Notice   •   Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
© 2017 SHARENET (PTY) Ltd, Cape Town, South Africa