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NEP - New Europe Property Investments plc - Acceptance of shares in terms of the

Release Date: 14/06/2012 16:01
Code(s): NEP
Wrap Text

NEP - New Europe Property Investments plc - Acceptance of shares in terms of the NEPI share purchase scheme ("The Share Purchase Scheme") 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 JSE share code: NEP BVB share code: NEP ISIN: IM00B23XCH02 ("NEPI" or the "Company") ACCEPTANCE OF SHARES IN TERMS OF THE NEPI SHARE PURCHASE SCHEME ("THE SHARE PURCHASE SCHEME") Shareholders are advised of the following information relating to the acceptance of shares ("Scheme Shares") as offered to directors and officers in terms of the rules of The Share Purchase Scheme. The pricing of the Scheme Shares was based on the 30-day volume weighted average price immediately prior to 12 June 2012, the day on which the Scheme Shares were offered to the Share Purchase Scheme participants.
Name of associate: Slabbert Family Limited Name of director: Martin Slabbert, who has an indirect beneficial interest in Slabbert Family Limited
Transaction date: 12 June 2012 Class of securities: Ordinary shares Number of securities: 400 000 Price per security: EUR3.28 Total value: EUR1 312 000.00 Nature of transaction: Off-market acceptance of shares offered in terms of The Share Purchase Scheme.
Name of associate: Focus CEE Investments Limited Name of director: Victor Semionov, who is a shareholder of Focus CEE
Investments Limited Transaction date: 12 June 2012 Class of securities: Ordinary shares Number of securities: 250 000 Price per security: EUR3.28 Total value: EUR820 000.00 Nature of transaction: Off-market acceptance of shares offered in terms of The Share
Purchase Scheme. 14 June 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 0089 Java Capital Romanian advisor +40 21 222 8731 SSIF Intercapital Invest SA Razvan Pasol Date: 14/06/2012 16:01:01 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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