Stock Exchange News Service

Acquisition of MAS shares by PKM Development and dealings in securities by an associate of directors of MAS

MAS Real Estate Inc.
Registered in the British Virgin Islands
Registration number 1750199
JSE share code: MSP
ISIN: VGG5884M1041
LEI code: 213800T1TZPGQ7HS4Q13
(“MAS” or “the Company”)


Shareholders are referred to the announcement on 5 June 2020 and are advised of the following information
relating to additional dealings in MAS ordinary shares by PKM Development Limited (“PKM”) which is the
holding company for the Development Joint Venture (“DJV”) between Prime Kapital Holdings Ltd (“PK”) and
MAS. PKM is an associate of Martin Slabbert and Victor Semionov. Martin and Victor are directors of MAS
and have indirect beneficial interests in the MAS ordinary shares acquired by PKM. The purchases were
conducted on-market on the JSE Limited.

Transaction date:                                           19 June 2020
Number of securities:                                       1,213
Price per security:                                         ZAR 13.3000
Total value:                                                ZAR 16,132.90

Transaction date:                                           22 June 2020
Number of securities:                                       325,701
Price per security:                                         ZAR 13.1355
Total value:                                                ZAR 4,278,245.49

Transaction date:                                           23 June 2020
Number of securities:                                       866,187
Price per security:                                         ZAR 13.3902
Total value:                                                ZAR 11,598,417.17

Transaction date:                                           24 June 2020
Number of securities:                                       30,205
Price per security:                                         ZAR 13.3876
Total value:                                                ZAR 404,372.46

Transaction date:                                           25 June 2020
Number of securities:                                       287,015
Price per security:                                         ZAR 1,310.00
Total value:                                                ZAR 3,759,896.50

MAS is listed on the Main Board of the JSE and is listed and admitted to trading on the Euro MTF market
of the Luxembourg Stock Exchange. This announcement meets with the information requirements of the
EU Market Abuse Regulation in terms of which shareholders are advised that PKM is considered a person
closely associated with Martin Slabbert and Victor Semionov which as executive directors of MAS
discharges managerial responsibilities for the Company.

25 June 2020

For further information please contact:
Dan Petrisor, MAS Real Estate Inc.           +40 741 184 921
Java Capital, JSE Sponsor                    +27 11 722 3050
Harney Westwood & Riegels SARL,
Luxembourg Stock Exchange Listing Agent      +352 27 867 102

Date: 25-06-2020 05:45:00

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