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NEW EUROPE PROPERTY INVESTMENTS PLC - Rights Offer - Dealing in Securities

Release Date: 21/11/2012 09:00
Code(s): NEP     PDF:  
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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 JSE share code: NEP BVB share code: NEP
ISIN: IM00B23XCH02
(“NEPI” or “the company”)

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 associate                                                           The Suni Trust
Name of director                                                            Des de Beer who is a trustee and beneficiary of
                                                                            The Suni Trust
Transaction date:                                                           20 November 2012
Number of securities:                                                       27 356 rights offer shares
Price per security:                                                         R43.50
Total value:                                                                R1 189 986.00
Nature of transaction:                                                      Off market
Nature and extent of director’s interest:                                   Indirect beneficial

Name of associate                                                           Optimprops 3 (Proprietary) Limited
Name of director                                                            Des de Beer who has a 50% interest in
                                                                            Optimprops 3 (Proprietary) Limited
Transaction date:                                                           20 November 2012
Number of securities:                                                       235 000 rights offer shares
Price per security:                                                         R43.50
Total value:                                                                R10 222 500.00
Nature of transaction:                                                      Off market
Nature and extent of director’s interest:                                   Indirect beneficial

Name of associate                                                           Hollyrood Investments (Proprietary) Limited
Name of director                                                            Des de Beer who owns 100% of Hollyrood
                                                                            Investments (Proprietary) Limited
Transaction date:                                                           20 November 2012
Number of securities:                                                       100 000 rights offer shares
Price per security:                                                         R43.50
Total value:                                                                R4 350 000.00
Nature of transaction:                                                      Off market
Nature and extent of director’s interest:                                   Indirect beneficial

Name of associate:                                                          Debra de Beer
Name of director                                                            Des de Beer
Relationship to director:                                                   Wife
Transaction date:                                                           20 November 2012
Number of securities:                                                       146 rights offer shares
Price per security:                                                         R43.50
Total value:                                                                R6 351.00
Nature of transaction:                                                      Off market
Nature and extent of director’s interest:                                   Indirect beneficial

Name of associate:                                                          Emily de Beer
Name of director                                                            Des de Beer
Relationship to director:                                                   Daughter
Transaction date:                                                           20 November 2012
Number of securities:                                                       82 rights offer shares
Price per security:                                                         R43.50
Total value:                                                                R3 567.00
Nature of transaction:                                                      Off market
Nature and extent of director’s interest:                                   Indirect beneficial

Name of associate:                                                          Ross de Beer
Name of director                                                            Des de Beer
Relationship to director:                                                   Son
Transaction date:                                                           20 November 2012
Number of securities:                                                       82 rights offer shares
Price per security:                                                         R43.50
Total value:                                                                R3 567.00
Nature of transaction:                                                      Off market
Nature and extent of director’s interest:                                   Indirect beneficial

Name of associate:                                                          Craig de Beer
Name of director                                                            Des de Beer
Relationship to director:                                                   Son
Transaction date:                                                           20 November 2012
Number of securities:                                                       82 rights offer shares
Price per security:                                                         R43.50
Total value:                                                                R3 567.00
Nature of transaction:                                                      Off market
Nature and extent of director’s interest:                                   Indirect beneficial

Name of associate                                                           Maxtrade Seven (Proprietary) Limited
Name of director                                                            Jeff Zidel who is a 100% shareholder of
                                                                            Maxtrade Seven (Proprietary) Limited
Transaction date:                                                           20 November 2012
Number of securities:                                                       102 163 rights offer shares
Price per security:                                                         R43.50
Total value:                                                                R4 444 090.50
Nature of transaction:                                                      Off market
Nature and extent of director’s interest:                                   Indirect beneficial

Name of director                                                            Jeff Zidel
Transaction date:                                                           20 November 2012
Number of securities:                                                       20 190 rights offer shares
Price per security:                                                         R43.50
Total value:                                                                R878 265.00
Nature of transaction:                                                      Off market
Nature and extent of director’s interest:                                   Indirect beneficial

Name of associate                                                           Slabbert Family Limited
Name of director                                                            Martin Slabbert who has an indirect beneficial
                                                                            interest in Slabbert Family Limited the entity
                                                                            which entered into the transaction
Transaction date:                                                           20 November 2012
Number of securities:                                                       104 000 rights offer shares
Price per security:                                                         R43.50
Total value:                                                                R4 524 000.00
Nature of transaction:                                                      Off market
Nature and extent of director’s interest:                                   Indirect beneficial

Name of associate                                                           Focus CEE Investments Limited
Name of director                                                            Victor Semionov who is a shareholder of
                                                                            Focus CEE Investments Limited the entity
                                                                            which entered into the transaction
Transaction date:                                                           20 November 2012
Number of securities:                                                       2 900 rights offer shares
Price per security:                                                         R43.50
Total value:                                                                R126 150.00
Nature of transaction:                                                      Off market
Nature and extent of director’s interest:                                   Indirect beneficial

Name of associate                                                           Focus CEE Investments Limited
Name of director                                                            Victor Semionov who is a shareholder of
                                                                            Focus CEE Investments Limited the entity
                                                                            which entered into the transaction
Transaction date:                                                           20 November 2012
Number of securities:                                                       2 100 rights offer shares
Price per security:                                                         EUR 4.05
Total value:                                                                EUR 8 505.00
Nature of transaction:                                                      Off market
Nature and extent of director’s interest:                                   Indirect beneficial

Name of associate                                                           Garsol Limited
Name of director                                                            Dan Pascariu who is a shareholder of Garsol
                                                                            Limited the entity which entered into the
                                                                            transaction
Transaction date:                                                           20 November 2012
Number of securities:                                                       12 330 rights offer shares
Price per security:                                                         R43.50
Total value:                                                                R536 355.00
Nature of transaction:                                                      Off market
Nature and extent of director’s interest:                                   Indirect beneficial
For further information please contact:

New Europe Property Investments plc
Martin Slabbert                                +40 74 432 8882

Nominated Adviser and Broker
Smith & Williamson Corporate Finance Limited
Azhic Basirov/Siobhan Sergeant                 +44 20 7131 4000

JSE sponsor:
Java Capital                                   +27 11 283 0042

Romanian advisor
SSIF Intercapital Invest SA
Razvan Pasol                                   +40 21 222 8731

21 November 2012

Date: 21/11/2012 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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