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NEW EUROPE PROPERTY INVESTMENTS PLC - Issue of equity and total voting rights

Release Date: 01/10/2012 08:00
Code(s): NEP     PDF:  
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Issue of equity and total voting rights

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”)

ISSUE OF EQUITY AND TOTAL VOTING RIGHTS

NEPI advises that it has placed a total of 2 980 061 new ordinary shares in the Company (“New Shares”) with
shareholders registered on the South African register at a price of R43.50 per share pursuant to a placement for cash,
raising gross proceeds of R129.6 million (the “Private Placement”). At this level, the Private Placement was heavily
oversubscribed. The issue price of R43.50 represents a 2% discount to the 30 business day volume weighted average
traded price prior to the date that the Private Placement was agreed between NEPI and the parties subscribing for the
New Shares. The proceeds of the Private Placement will be used to fund developments and acquisitions of further
operating assets.

Application has been made for the New Shares issued under the Private Placement to be admitted to trading on the
JSE Limited, the AIM Market of the London Stock Exchange and the Bucharest Stock Exchange (“BVB”) which is
expected to take place on Wednesday, 3 October 2012 (“Admission”).

TOTAL VOTING RIGHTS

Following Admission, the total issued share capital of the Company will increase to 131 666 472 Ordinary Shares with
voting rights.

Therefore, the total number of voting rights in NEPI will be 131 666 472 which may be used by shareholders as the
denominator for the calculations by which they will determine if they are required to notify their interest in, or a
change to their interest in, NEPI under the UK Financial Services Authority's Disclosure and Transparency Rules.

1 October 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
SSIF Intercapital Invest SA
Razvan Pasol

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