ATTACQ LIMITED - Disposal of Attacq's remaining shareholding in MAS P.L.C

Disposal of Attacq's remaining shareholding in MAS P.L.C

ATTACQ LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/000543/06)
JSE share code: ATT ISIN: ZAE000177218
(Approved as a REIT by the JSE)
("Attacq" or "group")


DISPOSAL OF ATTACQ'S REMAINING SHAREHOLDING IN MAS P.L.C.


Shareholders are advised that AIM Investco Proprietary Limited ("AIM Investco"), a wholly-owned
indirect subsidiary of Attacq and the holder of Attacq's shareholding in MAS P.L.C. ("MAS"), has
reached agreement to dispose of its remaining 46 157 934 shares in MAS at a price of R16.75 per
share (the "disposal"), for an aggregate cash consideration of R773 145 394.50 (the "proceeds").
The purchaser is PK Investments Limited, a wholly-owned subsidiary of PKM Developments Limited.

MAS is a JSE-listed property company investing in and operating retail properties in Central and
Eastern Europe.

The disposal is in accordance with Attacq's strategy of allocating capital towards assets over
which it has significant influence and will be effected by way of an off-market block trade on or
before 13 March 2024. The proceeds will be utilised to invest in income generating activities within
the group.

The following profitability metrics are attributable to MAS for the six months ended 31 December
2023:

                                                                  Eurocents*
 Dividend per share                                                        -
 Adjusted distributable earnings per share                              4.79
 Earnings per share                                                     9.98
 Headline earnings per share                                            5.02
* Extracted from MAS's reviewed half year results published on 4 March 2024

The disposal is categorised as a category 2 transaction in terms of the JSE Listings Requirements
and accordingly does not require the approval of Attacq shareholders.

12 March 2024


Corporate advisor and sponsor
Java Capital

Date: 12-03-2024 07:05:00
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