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NEP - New Europe Property Investments plc - Notification of acquisition of

Release Date: 23/05/2012 17:30
Code(s): NEP
Wrap Text

NEP - New Europe Property Investments plc - Notification of acquisition of beneficial interest in shares - holding over 10% 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: IM00B23XCH02 ("NEPI" or the "Company") NOTIFICATION OF ACQUISITION OF BENEFICIAL INTEREST IN SHARES - HOLDING OVER 10% For purposes of compliance with the rules of the Bucharest Stock Exchange and the AIM Market, shareholders are advised that the Company has received notification from Fortress Income 2 (Pty) Ltd of the acquisition of ordinary NEPI shares such that Fortress Income 2 (Pty) Ltd`s total beneficial interest in the Company is now 10.53% of NEPI`s issued ordinary share capital.
Securities holder identification: - Natural person N/A - Legal person Fortress Income 2 (Pty) Ltd Registration number: 2009/005857/07
3rd Floor, Rivonia Village Rivonia Boulevard, Rivonia Republic of South Africa +27 11 612 7500
- Major shareholders of the holder Fortress Income 2 (Pty) Ltd is a of securities: wholly owned subsidiary of Fortress Income Fund Limited which is listed
on the Johannesburg Stock Exchange. Number of shares previously held: 9 700 000 (as at 21 May 2012) The way in which they have been acquired /alienated: - on the company`s set up - trading on the secondary market - public sale offer - public purchase / takeover bid - Authority for the Privatisation and Management of State Ownership (A.P.A.P.S) contract - other ways Private placing
Number of shares held after the 13 000 000(as at 22 May 2012) transaction Percentage of share capital which 10.53% accounts for the shares held after the transaction and the number of votes the issuer holds within the Extraordinary General Shareholders Meeting: Date of transaction: 22 May 2012 Date on which issuer was notified: 22 May 2012 Threshold(s) crossed or reached: 10% 23 May 2012 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 JSE sponsor +27 11 283 0042 Java Capital Romanian advisor +40 21 222 8731 Intercapital Invest SA Razvan Pasol Date: 23/05/2012 17:30:01 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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