MAS REAL ESTATE INC - Dealings in securities by an associate of a director of MAS

Dealings in securities by an associate of a director of MAS

MAS Real Estate Inc.
Registered in the British Virgin Islands
Registration number 1750199
SEDOL (EMTF): B96VLJ5
SEDOL (JSE): B96TSD2
JSE share code: MSP
ISIN: VGG5884M1041
LEI code: 213800T1TZPGQ7HS4Q13
(“MAS” or “the Company”)


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF MAS


In accordance with the JSE Listings Requirements, shareholders are advised of the following information
relating to dealings in securities by an associate of director of MAS:

 Name of associate:                                  Tap Dance Investments (Pty) Ltd
 Name of director and relationship to director:      Melt Hamman, who is a trustee of Ten Past Eight at
                                                     Waterloo Trust which owns 50% of Tap Dance
 Transaction date:                                   Investments (Pty) Ltd
                                                     26 November 2019
 Class of securities:                                Ordinary shares
 Number of securities:                               3,400
 Highest traded price on the market on the day:      ZAR 19.29
 Average price per security:                         ZAR 19.10915
 Lowest traded price on the market on the day:       ZAR 18.99
 Total value of transaction:                         ZAR 64,971.12
 Nature of transaction:                              On-market purchase
 Nature and extent of director's interest:           Indirect beneficial

 Name of associate:                                  Tap Dance Investments (Pty) Ltd
 Name of director and relationship to director:      Melt Hamman, who is a trustee of Ten Past Eight at
                                                     Waterloo Trust which owns 50% of Tap Dance
                                                     Investments (Pty) Ltd
 Transaction date:                                   28 November 2019
 Class of securities:                                Ordinary shares
 Number of securities:                               1,600
 Average price per security:                         ZAR 19.20
 Total value of transaction:                         ZAR 30,720.00
 Nature of transaction:                              On-market purchase
 Nature and extent of director's interest:           Indirect beneficial

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:


 NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
 MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
 1. Details of the person discharging managerial responsibilities/person closely associated
 a) Name                                   Tap Dance Investments (Pty) Ltd
 2. Reason for the notification
 a) Position / status                      Person Closely Associated with a Person Discharging Managerial
                                           Responsibilities - Melt Hamman, a non-executive director of MAS
                                           Real Estate Inc., is a trustee of Ten Past Eight at Waterloo Trust
                                           which owns 50% of Tap Dance Investments (Pty) Ltd
 b) Initial notification / amendment       Initial notification
 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
      instrument, type of instrument       Ordinary shares
      Identification code                  ISIN: VGG5884M1041
 b)   Nature of the transaction            On-market purchase of ordinary shares
 c)   Price(s) and volume(s)               Price(s)                          Volume(s)
                                           ZAR 19.14                         778
                                           ZAR 19.10                         2,622
 d)   Aggregated information
      — Aggregated volume                  3,400
      — Price                              ZAR 64,971.12
 e)   Date of the transaction              2019-11-26
 f)   Place of the transaction             Johannesburg Stock Exchange
 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
      instrument, type of instrument       Ordinary shares
      Identification code                  ISIN: VGG5884M1041
 b)   Nature of the transaction
                                           On-market purchase of ordinary shares
 c)   Price(s) and volume(s)               Price(s)                          Volume(s)
                                           ZAR 19.20                         1,600
 d)   Aggregated information
      — Aggregated volume                  1,600
      — Price                              ZAR 30,720.00
 e)   Date of the transaction              2019-11-28
 f)   Place of the transaction             Johannesburg Stock Exchange


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.


29 November 2019

For further information please contact:
Helen Cullen, Company Secretary, MAS Real Estate Inc.                           +44 1624 625000
Java Capital, JSE Sponsor                                                       +27 11 722 3050
Harneys Luxembourg, Luxembourg Stock Exchange Listing Agent                     +35 22 786 7102
Investor Relations, Lizelle du Toit                                             +27 82 465 1244

Date: 29-11-2019 05:40:00
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