Proposed acquisition of investment property co-investment partnership and cautionary announcement

Posted On Monday, 03 October 2016 13:28 Published by
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Proposed acquisition of investment property co-investment partnership and cautionary announcement.

Lukas_Nakos_Mas_Real_Estate

Proposed Acquisition  

Shareholders are advised that MAS has entered into negotiations to acquire a dominant regional shopping centre in central and eastern Europe (“the acquisition”).   

If concluded, the acquisition will be categorised as a Category 2 transaction under the JSE Listings Requirements.   

Co-Investment Partnership with Prime Kapital  

The acquisition is to be undertaken under the terms of a co-investment agreement between MAS and Prime Kapital Limited.   

Cautionary Announcment  

If successful the finalisation and implementation of the acquisition may have a material effect on the price of the Company’s securities and therefore shareholders are advised to exercise caution when dealing in the Company’s securities until a further announcement is made.  

MAS is dual primary listed on the Main Board of the JSE and the Euro MTF market of the LuxSE. 

Last modified on Monday, 03 October 2016 13:42

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