MAS PLC announces EGM for asset realisation vote

MAS PLC (JSE:MSP) has announced an Extraordinary General Meeting (EGM) to be held on July 11, 2025, in Malta. Shareholders will vote on ordinary resolutions to authorize the board to initiate a structured asset realization program over five years, aligned with independent valuations, and to declare special dividends from the net proceeds and dividends received from PKM Development Ltd. The board notes it has not yet made a recommendation on these resolutions and is awaiting further independent advice, expected after the shareholder meeting. The company advises that the resolutions, if approved, do not compel the asset realization and special distribution unless the MAS Board so decides. Trading eligibility to participate in the EGM ends on July 1, 2025, with a record date of July 4, 2025.