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NEW EUROPE PROPERTY INVESTMENTS PLC - Dealings in securities by associates of directors and by directors of major subsidiaries of NEPI

Release Date: 22/07/2013 08:00
Code(s): NEP NEPN     PDF:  
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Dealings in securities by associates of directors and by directors of major subsidiaries of NEPI

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”)



DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS AND BY DIRECTORS OF MAJOR
SUBSIDIARIES OF NEPI


As stated in the circular issued to NEPI shareholders on 8 July 2013 relating to a rights offer to NEPI shareholders Mr
Jeffrey Zidel intends to follow 31 660 of his total rights. In addition shareholders are advised that Hollyrood
Investments (Pty) Limited and Optimprops 3 (Pty) Limited, of which Mr Des de Beer is a beneficiary, intend
following respectively 80 000 and 200 000 of their rights.

Shareholders are advised of the following information relating to the sale of rights by associates of directors of the
company and by directors of major subsidiaries of the company, the proceeds of which sales will in all instances be
utilised by the directors or their associates to finance the take-up under 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:                                                 17 July 2013
Class of securities:                                              Letters of allocation (JSE code NEPN)
Number of securities:                                             55 247
Price per security:                                               R3.20
Total value of transaction:                                       R176 790.40
Nature of transaction:                                            On-market sale

Name of associate:                                                The Suni Trust
Name of director:                                                 Des de Beer, who is a trustee and beneficiary of The Suni
                                                                  Trust
Transaction date:                                                 17 July 2013
Class of securities:                                              Letters of allocation (JSE code NEPN)
Number of securities:                                             9 769
Price per security:                                               R3.21
Total value of transaction:                                       R31 358.49
Nature of transaction:                                            On-market sale

Name of associate:                                                The Suni Trust
Name of director:                                                 Des de Beer, who is a trustee and beneficiary of The Suni
                                                                  Trust
Transaction date:                                                 17 July 2013
Class of securities:                                              Letters of allocation (JSE code NEPN)
Number of securities:                                             979
Price per security:                                               R3.00
Total value of transaction:                                       R2 937.00
Nature of transaction:                                            On-market sale
                                                                                          


Name of associate:            The Suni Trust
Name of director:             Des de Beer, who is a trustee and beneficiary of The Suni
                              Trust
Transaction date:             17 July 2013
Class of securities:          Letters of allocation (JSE code NEPN)
Number of securities:         190 753
Price per security:           R3.20
Total value of transaction:   R610 409.60
Nature of transaction:        On-market sale

Name of associate:            The Suni Trust
Name of director:             Des de Beer, who is a trustee and beneficiary of The Suni
                              Trust
Transaction date:             18 July 2013
Class of securities:          Letters of allocation (JSE code NEPN)
Number of securities:         10 000
Price per security:           R2.99
Total value of transaction:   R29 900.00
Nature of transaction:        On-market sale

Name of associate:            The Suni Trust
Name of director:             Des de Beer, who is a trustee and beneficiary of The Suni
                              Trust
Transaction date:             18 July 2013
Class of securities:          Letters of allocation (JSE code NEPN)
Number of securities:         85 000
Price per security:           R3.00
Total value of transaction:   R255 000.00
Nature of transaction:        On-market sale

Name of associate:            Madelein Slabbert
Name of director:             Martin Slabbert
Relationship to director:     Wife
Transaction date:             17 July 2013
Class of securities:          Letter of allocation (JSE code NEPN)
Number of securities:         34 525
Price per security:           R3.00
Total value of transaction:   R103 575.00
Nature of transaction:        On-market sale

Name of associate:            Maxtrade Seven (Pty) Ltd
Name of director:             Jeff Zidel who is a 100% shareholder of Maxtrade Seven
                              (Pty) Ltd
Transaction date:             19 July 2013
Class of securities:          Letters of allocation (JSE code NEPN)
Number of securities:         9 858
Price per security:           R2.85
Total value of transaction:   R28 095.30
Nature of transaction:        On-market sale
                                                                                                           


Name of associate:                            Maxtrade Seven (Pty) Ltd
Name of director:                             Jeff Zidel who is a 100% shareholder of Maxtrade Seven
                                              (Pty) Ltd
Transaction date:                             19 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         65 020
Price per security:                           R2.50
Total value of transaction:                   R162 550.00
Nature of transaction:                        On-market sale

Name of associate:                            Slabbert Family Limited
Name of director:                             Martin Slabbert who has an indirect beneficial interest in
                                              Slabbert Family Limited
Transaction date:                             17 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         124 376
Highest traded price:                         R3.50
Volume weighted average price per security:   R3.16
Lowest traded price:                          R3.00
Total value of transaction:                   R393 059.35
Nature of transaction:                        On-market sale

Name of associate:                            Slabbert Family Limited
Name of director:                             Martin Slabbert who has an indirect beneficial interest in
                                              Slabbert Family Limited
Transaction date:                             18 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         26 791
Price per security:                           R2.99
Total value of transaction:                   R80 105.09
Nature of transaction:                        On-market sale

Name of associate:                            Slabbert Family Limited
Name of director:                             Martin Slabbert who has an indirect beneficial interest in
                                              Slabbert Family Limited
Transaction date:                             18 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         70 276
Price per security:                           R3.00
Total value of transaction:                   R210 828.00
Nature of transaction:                        On-market sale

Name of associate:                            Slabbert Family Limited
Name of director:                             Martin Slabbert who has an indirect beneficial interest in
                                              Slabbert Family Limited
Transaction date:                             19 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         103 609
Price per security:                           R2.50
Total value of transaction:                   R259 022.50
Nature of transaction:                        On-market sale
                                                                                                           


Name of associate:                            Slabbert Family Limited
Name of director:                             Martin Slabbert who has an indirect beneficial interest in
                                              Slabbert Family Limited
Transaction date:                             19 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         1 478
Price per security:                           R3.00
Total value of transaction:                   R4 434.00
Nature of transaction:                        On-market sale

Name of associate:                            Focus CEE Investments Limited
Name of director:                             Victor Semionov who has an indirect beneficial interest
                                              in Focus CEE Investments Limited
Transaction date:                             17 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         35 915
Highest traded price:                         R3.50
Volume weighted average price per security:   R3.15
Lowest traded price:                          R3.00
Total value of transaction:                   R113 030.36
Nature of transaction:                        On-market sale

Name of associate:                            Focus CEE Investments Limited
Name of director:                             Victor Semionov who has an indirect beneficial interest
                                              in Focus CEE Investments Limited
Transaction date:                             18 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         6 056
Price per security:                           R2.99
Total value of transaction:                   R18 107.44
Nature of transaction:                        On-market sale

Name of associate:                            Focus CEE Investments Limited
Name of director:                             Victor Semionov who has an indirect beneficial interest
                                              in Focus CEE Investments Limited
Transaction date:                             18 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         15 884
Price per security:                           R3.00
Total value of transaction:                   R47 652.00
Nature of transaction:                        On-market sale

Name of associate:                            Focus CEE Investments Limited
Name of director:                             Victor Semionov who has an indirect beneficial interest
                                              in Focus CEE Investments Limited
Transaction date:                             19 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         23 418
Price per security:                           R2.50
Total value of transaction:                   R58 840.00
Nature of transaction:                        On-market sale
                                                                                                        


Name of associate:                            Focus CEE Investments Limited
Name of director:                             Victor Semionov who has an indirect beneficial interest
                                              in Focus CEE Investments Limited
Transaction date:                             19 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         334
Price per security:                           R3.00
Total value of transaction:                   R1 002.00
Nature of transaction:                        On-market sale

Name of associate:                            CEMZ Holdings Limited
Name of director:                             Alex Morar who has a beneficial interest in CEMZ
                                              Holdings Limited
Transaction date:                             17 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         36 095
Highest traded price:                         R3.50
Volume weighted average price per security:   R3.15
Lowest traded price:                          R3.00
Total value of transaction:                   R113 596.90
Nature of transaction:                        On-market sale

Name of associate:                            CEMZ Holdings Limited
Name of director:                             Alex Morar who has a beneficial interest in CEMZ
                                              Holdings Limited
Transaction date:                             18 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         6 086
Price per security:                           R2.99
Total value of transaction:                   R18 197.14
Nature of transaction:                        On-market sale

Name of associate:                            CEMZ Holdings Limited
Name of director:                             Alex Morar who has a beneficial interest in CEMZ
                                              Holdings Limited
Transaction date:                             18 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         15 964
Price per security:                           R3.00
Total value of transaction:                   R47 892.00
Nature of transaction:                        On-market sale

Name of associate:                            CEMZ Holdings Limited
Name of director:                             Alex Morar who has a beneficial interest in CEMZ
                                              Holdings Limited
Transaction date:                             19 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         23 536
Price per security:                           R2.50
Total value of transaction:                   R58 840.00
Nature of transaction:                        On-market sale
                                                                                                        


Name of associate:                            CEMZ Holdings Limited
Name of director:                             Alex Morar who has a beneficial interest in CEMZ
                                              Holdings Limited
Transaction date:                             19 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         336
Price per security:                           R3.00
Total value of transaction:                   R1 008.00
Nature of transaction:                        On-market sale

Name of associate:                            Theri Limited
Name of director:                             Tiberiu Smaranda who has a beneficial interest in Theri
                                              Limited
Transaction date:                             17 July 2013
Class of securities:                          Letters of allocation (JSE code NEPI)
Number of securities:                         23 615
Highest traded price:                         R3.50
Volume weighted average price per security:   R3.15
Lowest traded price:                          R3.00
Total value of transaction:                   R74 319.98
Nature of transaction:                        On-market sale

Name of associate:                            Theri Limited
Name of director:                             Tiberiu Smaranda who has a beneficial interest in Theri
                                              Limited
Transaction date:                             18 July 2013
Class of securities:                          Letters of allocation (JSE code NEPI)
Number of securities:                         3 982
Price per security:                           R2.99
Total value of transaction:                   R11 906.18
Nature of transaction:                        On-market sale

Name of associate:                            Theri Limited
Name of director:                             Tiberiu Smaranda who has a beneficial interest in Theri
                                              Limited
Transaction date:                             18 July 2013
Class of securities:                          Letters of allocation (JSE code NEPI)
Number of securities:                         10 444
Price per security:                           R3.00
Total value of transaction:                   R31 332.00
Nature of transaction:                        On-market sale

Name of associate:                            Theri Limited
Name of director:                             Tiberiu Smaranda who has a beneficial interest in Theri
                                              Limited
Transaction date:                             19 July 2013
Class of securities:                          Letters of allocation (JSE code NEPI)
Number of securities:                         15 398
Price per security:                           R2.50
Total value of transaction:                   R38 495.00
Nature of transaction:                        On-market sale
                                                                                                        


Name of associate:                            Theri Limited
Name of director:                             Tiberiu Smaranda who has a beneficial interest in Theri
                                              Limited
Transaction date:                             19 July 2013
Class of securities:                          Letters of allocation (JSE code NEPI)
Number of securities:                         220
Price per security:                           R3.00
Total value of transaction:                   R660.00
Nature of transaction:                        On-market sale

Name of associate:                            Garsol Limited
Name of director:                             Dan Pascariu who is a shareholder of Garsol Limited
Transaction date:                             17 July 2013
Class of securities:                          Letters of allocation (JSE code NEPI)
Number of securities:                         3 390
Highest traded price:                         R3.50
Volume weighted average price per security:   R3.15
Lowest traded price:                          R3.00
Total value of transaction:                   R10 668.91
Nature of transaction:                        On-market sale

Name of associate:                            Garsol Limited
Name of director:                             Dan Pascariu who is a shareholder of Garsol Limited
Transaction date:                             18 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         571
Price per security:                           R2.99
Total value of transaction:                   R1 707.29
Nature of transaction:                        On-market sale

Name of associate:                            Garsol Limited
Name of director:                             Dan Pascariu who is a shareholder of Garsol Limited
Transaction date:                             18 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         1 499
Price per security:                           R3.00
Total value of transaction:                   R4 497.00
Nature of transaction:                        On-market sale

Name of associate:                            Garsol Limited
Name of director:                             Dan Pascariu who is a shareholder of Garsol Limited
Transaction date:                             19 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         2 210
Price per security:                           R2.50
Total value of transaction:                   R5 525.00
Nature of transaction:                        On-market sale

Name of associate:                            Garsol Limited
Name of director:                             Dan Pascariu who is a shareholder of Garsol Limited
Transaction date:                             19 July 2013
Class of securities:                          Letters of allocation (JSE code NEPN)
Number of securities:                         32
Price per security:                           R3.00
Total value of transaction:                   R96.00
Nature of transaction:                        On-market sale
                                                                  



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

22 July 2013

Date: 22/07/2013 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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