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NEW EUROPE PROPERTY INVESTMENTS PLC - Results of distribution, issue of new shares election and total voting rights

Release Date: 13/10/2014 08:00
Code(s): NEP     PDF:  
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Results of distribution, issue of new shares election 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 JSE share code: NEP BVB share code: NEP
ISIN: IM00B23XCH02
(“NEPI” or “the company”)


RESULTS OF DISTRIBUTION, ISSUE OF NEW SHARES ELECTION AND TOTAL VOTING RIGHTS


Shareholders are referred to the previous announcements in respect the election by shareholders to receive a return of
capital by way of an issue of 2.332 new NEPI shares (“new NEPI shares”) for every 100 NEPI shares held on the
relevant record date, being Friday, 3 October 2014 (“return of capital”) or a cash distribution of 14.87 Euro cents per
share (210.559 ZAR cents per share for shareholders on the SA share register) (“cash distribution”) in respect of the
six months ended 30 June 2014.

Following completion of the election, the company hereby announces that in respect of the return of capital, a total of
4 988 467 new NEPI shares will be issued on market as listed shares on Wednesday, 15 October 2014 on the JSE, the
AIM Market of the London Stock Exchange and the Bucharest Stock Exchange. The new NEPI shares will rank pari
passu in every respect with existing listed shares of the company and are fully fungible with effect from the date of
listing.

Following the issue of the new NEPI shares in the company, the total issued share capital of the company will increase
to 245 150 010 ordinary shares with a par value of EUR0.01 per share. Therefore, the total number of voting rights in
NEPI will be 245 150 010 with effect from Wednesday, 15 October 2014, 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 Conduct Authority's Disclosure and Transparency Rules.

Certificated shareholders who elected to receive the new NEPI shares should note that share certificates will be posted
to shareholders on Wednesday, 15 October 2014. The cash distribution will be distributed by bank transfer, therefore
shareholders on the UK share register who have not yet provided bank details to the company, are asked to contact the
company at its registered office which is Lord Street, Douglas, Isle of Man, IM1 4LN, 2nd Floor, Anglo International
House, Phone +44 (0) 2031 801 547, to make the necessary arrangements.

Dematerialised shareholders should note that the CREST, CSDP, broker and the (Romanian) Central Depository
accounts holding dematerialised shares are in the process of being credited with either a cash distribution or new NEPI
shares, according to the elections made.

For further information please contact:

New Europe Property Investments plc                       +40 74 432 8882
Martin Slabbert
Nominated Adviser and Broker                              +44 207 131 4000
Smith & Williamson Corporate Finance Limited
Azhic Basirov
JSE sponsor                                               +27 11 283 0042
Java Capital
Romanian advisor                                          +40 21 222 8731
SSIF Intercapital Invest SA
Razvan Pasol

13 October 2014

Date: 13/10/2014 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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