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NEW EUROPE PROPERTY INVESTMENTS PLC - Dealing in securities - notification of major interest in shares

Release Date: 23/05/2014 10:00
Code(s): NEP     PDF:  
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Dealing in securities - notification of major interest in shares

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”)



DEALING IN SECURITIES - NOTIFICATION OF MAJOR INTEREST IN SHARES


For purposes of compliance with the rules of the Romanian Financial Supervisory Authority and the AIM
Market, NEPI has been notified with the following information relating to dealings in its securities.

1. Identity of the issuer or the underlying
issuer of existing shares to which voting rights                  NEW EUROPE PROPERTY INVESTMENTS PLC
are attached: ii


2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                                           X
An acquisition or disposal of qualifying financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial
instruments

An event changing the breakdown of voting rights

Other (please specify):


3. Full name of person(s) subject to the
                                                                  PUBLIC INVESTMENT CORPORATION LIMITED
notification obligation: iii

4. Full name of shareholder(s)
                          iv                                                                 N/A
(if different from 3.):

5. Date of the transaction and date on which
                                                                                        21 MAY 2014
the threshold is crossed or reached: v

6. Date on which issuer notified:                                                       21 MAY 2014

7. Threshold(s) that is/are crossed or
                                                                                            5% - 6%
reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of       Situation previous
shares              to the triggering       Resulting situation after the triggering transaction
                    transaction
if possible using   Number       Number     Number       Number of voting                                    x
                                                                                        % of voting rights
the ISIN CODE       of           of         of shares    rights
                    Shares       Voting                           xi              xii
                                            Direct       Direct        Indirect         Direct     Indirect
                                 Rights
AIM share code:
NEPI
BVB share code:
NEP             13,232,959                  14,000,003                                  6.277%
JSE share code:
NEP



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction
Type of financial       Expiration        Exercise/           Number of voting               % of voting
                             xiii
instrument              date              Conversion          rights that may be             rights
                                                 xiv
                                          Period              acquired if the
                                                              instrument is
                                                              exercised/
                                                              converted.



NONE                     N/A              N/A                 N/A                            N/A




C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction
                                                                                                                 xix, xx
Type of             Exercise   Expiration      Exercise/       Number of voting            % of voting rights
                                    xvii
financial           price      date            Conversion      rights instrument
                                                      xviii
instrument                                     period          refers to
                                                                                           Nominal               Delta
Total (A+B+C)
Number of voting rights                          Percentage of voting rights

                                                 6.277%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

N/A

Proxy Voting:

10. Name of the proxy holder:                    N/A

11. Number of voting rights proxy holder will
                                                 N/A
cease to hold:

12. Date on which proxy holder will cease to
                                                 N/A
hold voting rights:



13. Additional information:                      N/A


14. Contact name:                                DEVILLIERS MAKONKO


15. Contact telephone number:                    012 742 3578



23 May 2014

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

Date: 23/05/2014 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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