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

Release Date: 09/10/2014 17:30
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 Romanian Financial Supervisory Authority and the AIM Market, NEPI
has been advised with the following information relating to dealings in its securities.

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi


1. Identity of the issuer or the underlying issuer of             NEW EUROPE PROPERTY INVESTMENTS PLC
existing shares to which voting rights 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 notification          PUBLIC INVESTMENT CORPORATION LIMITED
obligation: iii

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

5. Date of the transaction and date on which the                                    7 October 2014
threshold is crossed or reached: v

6. Date on which issuer notified:                                                   8 October 2014

7. Threshold(s) that is/are crossed or                                                   8%
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      % of voting rights x
the ISIN CODE             of            of       of shares        rights
                          Shares        Voting                              Indirect
                                                 Direct           Direct xi xii         Direct      Indirect
                                        Rights
AIM share code:
NEPI
BVB share code:
                         17,001,074              19,587,968                            8.156%
NEP
JSE share code: NEP



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction
Type of financial          Expiration            Exercise/                Number of voting         % of voting
instrument                 date xiii             Conversion               rights that may be       rights
                                                 Period xiv               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
Type of             Exercise       Expiration     Exercise/         Number of      % of voting rights xix, xx
financial           price          date xvii      Conversion        voting
instrument                                        period xviii      rights
                                                                    instrument
                                                                    refers to
                                                                                       Nominal              Delta




Total (A+B+C)

Number of voting rights                                       Percentage of voting rights

19,587,968                                                       8.156%
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 cease to
                                                           N/A
hold:

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



13. Additional information:                                N/A


14. Contact name:                                          DEVILLIERS MAKONKO


15. Contact telephone number:                              012 742 3578



09 October 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                                                    +44 20 7131 4000

JSE sponsor
Java Capital                                                     +27 11 283 0042

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

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