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NEP - New Europe Property Investments plc - Rights offer - dealing in

Release Date: 07/12/2011 17:00
Code(s): NEP
Wrap Text

NEP - New Europe Property Investments plc - Rights offer - dealing in securities New Europe Property Investments plc (Incorporated and registered in the Isle of Man with registered number 001211V) (Registered as an external company with limited liability under the laws of South Africa, registration number 2009/000025/10) AIM share code: NEPI BVB share code: NEP JSE share code: NEP ISIN Code: IM00B23XCH02 ("NEPI") RIGHTS OFFER - DEALING IN SECURITIES Shareholders are advised that the following directors and their associates have exercised their rights and purchased the number of ordinary shares indicated against their names below, in terms of the rights offer: Name of director: Desmond de Beer, who is a trustee and beneficiary of The Suni Trust, the entity
which entered into the transaction Transaction date: 5 December 2011 Price per security: R30.00 Number of securities: 481 468 rights offer shares Total value: R14 444 040.00 Transaction date: 7 December 2011 Price per security: R30.00 Number of securities: 96 186 excess rights offer shares Total value: R2 885 580 Nature of transaction: Off market Nature of director`s interest: Indirect beneficial Name of director: Desmond de Beer, who has a 50% interest in Optimprops
3 (Proprietary) Limited, the entity which entered into the transaction Transaction date: 5 December 2011 Price per security: R30.00 Number of securities: 150 327 rights offer shares Total value: R4 509 810.00 Nature of transaction: Off market Nature of director`s interest: Indirect beneficial Name of director: Desmond de Beer, who has an 100% interest in Hollywood
Investments (Proprietary) Limited, the entity which entered into the transaction
Transaction date: 5 December 2011 Price per security: R30.00 Number of securities: 20 985 rights offer shares Total value: R629 550.00 Nature of transaction: Off market Nature of director`s interest: Indirect beneficial Name of associate: Ross Peter de Beer Relationship to and name of director: Son of Desmond de Beer Transaction date: 5 December 2011 Price per security: R30.00 Number of securities: 126 rights offer shares Total value: R3 780.00 Nature of transaction: Off market Nature and extent of director`s interest: Indirect beneficial
Name of associate: Craig Matthew de Beer Relationship to and name of director: Son of Desmond de Beer Transaction date: 5 December 2011 Price per security: R30.00 Number of securities: 155 rights offer shares Total value: R4 650.00 Nature of transaction: Off market Nature of director`s interest: Indirect beneficial Name of associate: Emily Kim de Beer Relationship to and name of director: Daughter of Desmond de Beer Transaction date: 5 December 2011 Price per security: R30.00 Number of securities: 873 rights offer shares Total value: R26 190.00 Nature of transaction: Off market Nature of director`s interest: Indirect beneficial Name of associate: Debra Anne de Beer Relationship to and name of director: Wife of Desmond de Beer Transaction date: 5 December 2011 Price per security: R30.00 Number of securities: 210 rights offer shares Total value: R6 300.00 Nature of transaction: Off market Nature of director`s interest: Indirect beneficial Name of director: Jeffrey Nathan Zidel, who is a 100% shareholder of Maxtrade Seven (Proprietary) Limited, the entity which entered into
the transaction Transaction date: 5 December 2011 Price per security: R30.00 Number of securities: 147 025 rights offer shares Total value: R4 410 750.00 Nature of transaction: Off market Nature of director`s interest: Indirect beneficial
Name of director: Jeffrey Nathan Zidel Transaction date: 5 December 2011 Price per security: R30.00 Number of securities: 29 056 rights offer shares Total value: R871 680.00 Nature of transaction: Off market Nature of director`s interest: Direct beneficial
Name of director: Martin Slabbert, who has an indirect beneficial interest in Slabbert Family Limited, the entity which
entered into the transaction Transaction date: 5 December 2011 Price per security: EUR2.80 Number of securities: 133 500 rights offer shares Total value: EUR373 800.00 Nature of transaction: Off market Nature and extent of director`s interest: Indirect beneficial Name of associate: Mrs Madelein Slabbert Name of director: Martin Slabbert Transaction date: 5 December 2011 Price per security: R30.00 Number of securities: 11 500 rights offer shares Total value: R345 000.00 Nature of transaction: Off market Nature of director`s interest: Indirect beneficial Name of director: Victor Semionov, who is a shareholder of Focus CEE
Investments Limited, the entity which entered into the transaction Transaction date: 5 December 2011 Price per security: EUR2.80 Number of securities: 10 000 rights offer shares Total value: EUR28 000.00 Nature of transaction: Off market Nature of director`s interest: Indirect beneficial 7 December 2011 For further information please contact: New Europe Property Investments plc +40 74 432 8882 Martin Slabbert Nominated Adviser and Broker +44 20 7131 4000 Smith & Williamson Corporate Finance Limited Azhic Basirov/Siobhan Sergeant South African sponsor +27 11 283 0042 Java Capital Romanian advisor +40 21 222 8731 SSIF Intercapital Interest SA Razvan Pasol Date: 07/12/2011 17:00:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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