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Dealings in securities by a director and by associates of directors 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 A DIRECTOR AND BY ASSOCIATES OF DIRECTORS OF NEPI
Shareholders are advised of the following information relating to dealings in securities by a director and by associates
of directors of the Company.
Following the transaction stated in this announcement, the directors holdings are summarized below:
Percentage of
Director Direct holding Indirect holding Total shares held issued shares (%)
Des de Beer 5,939,591 5,939,591 2.10
Jeff Zidel 298,201 1,339,457 1,637,658 0.58
Dan Pascariu 168,192 168,192 0.06
Martin Slabbert 2,689,766 2,689,766 0.95
Victor Semionov 836,625 836,625 0.30
Alexandru Morar 739,624 739,624 0.26
Tiberiu Smaranda 801,689 801,689 0.28
Mirela Covasa 321,458 321,458 0.11
TOTAL 298,201 12,836,402 13,134,603 4.64
Name of associate: Hollyrood Investments Proprietary Limited
Name of director and relationship to director: Des de Beer who owns 100% of Hollyrood
Investments Proprietary Limited
Transaction date: 30 March 2015
Class of securities: Ordinary shares
Number of securities: 69 126
Price per security*: ZAR110.03
Total value: ZAR7 605 933.78
Nature of transaction: Receipt of shares in terms of an election to
receive either a cash dividend or return of
capital by way of an issue of new shares
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: 30 March 2015
Class of securities: Ordinary shares
Number of securities: 16
Price per security*: ZAR110.03
Total value: ZAR1 760.48
Nature of transaction: Receipt of shares in terms of an election to
receive either a cash dividend or return of
capital by way of an issue of new shares
Nature and extent of director’s interest: Not applicable
Name of associate: Optimprops 3 Proprietary Limited
Name of director and relationship to director: Des de Beer who has a 50% interest in
Optimprops 3 Proprietary Limited
Transaction date: 30 March 2015
Class of securities: Ordinary shares
Number of securities: 20 999
Price per security*: ZAR110.03
Total value: ZAR2 310 519.97
Nature of transaction: Receipt of shares in terms of an election to
receive either a cash dividend or return of
capital by way of an issue of new shares
Nature and extent of director’s interest: Indirect beneficial
Name of associate: Maxtrade Seven Proprietary Limited
Name of director and relationship to director: Jeff Zidel, who is a 100% shareholder of
Maxtrade Seven Proprietary Limited
Transaction date: 30 March 2015
Class of securities: Ordinary shares
Number of securities: 20 328
Price per security*: ZAR110.03
Total value: ZAR2 236 689.84
Nature of transaction: Receipt of shares in terms of an election to
receive either a cash dividend or return of
capital by way of an issue of new shares
Nature and extent of director’s interest: Indirect beneficial
Name of director: Jeff Zidel
Transaction date: 30 March 2015
Class of securities: Ordinary shares
Number of securities: 4 525
Price per security*: ZAR110.03
Total value: ZAR497 885.75
Nature of transaction: Receipt of shares in terms of an election to
receive either a cash dividend or return of
capital by way of an issue of new shares
Nature and extent of director’s interest: Direct beneficial
Name of associate: Garsol Limited
Name of director and relationship to director: Dan Pascariu who is a shareholder of Garsol
Limited
Transaction date: 30 March 2015
Class of securities: Ordinary shares
Number of securities: 3 379
Price per security: EUR 8.46
Total value: EUR 28 586.34
Nature of transaction: Receipt of shares in terms of an election to
receive either a cash dividend or return of
capital by way of an issue of new shares
Nature and extent of director’s interest: Indirect beneficial
Name of associate: Slabbert Family Limited
Name of director and relationship to director: Martin Slabbert who has an indirect beneficial
interest in Slabbert Family Limited
Transaction date: 30 March 2015
Class of securities: Ordinary shares
Number of securities: 48 495
Price per security: EUR 8.46
Total value: EUR 410 267.70
Nature of transaction: Receipt of shares in terms of an election to
receive either a cash dividend or return of
capital by way of an issue of new shares
Nature and extent of director’s interest: Indirect beneficial
Name of associate: Madelein Slabbert
Name of director: Martin Slabbert
Relationship to director:: Wife
Transaction date: 30 March 2015
Class of securities: Ordinary shares
Number of securities: 5 537
Price per security*: ZAR110.03
Total value: ZAR609 236.11
Nature of transaction: Receipt of shares in terms of an election to
receive either a cash dividend or return of
capital by way of an issue of new shares
Nature and extent of director’s interest: Not applicable
Name of associate: CEMZ Holdings Limited
Name of director and relationship to director: Alexandru Morar, who has an indirect
beneficial interest in CEMZ Holdings Limited
Transaction date: 30 March 2015
Class of securities: Ordinary shares
Number of securities: 26 730
Price per security*: EUR 8.46
Total value: EUR 226 135.80
Nature of transaction: Receipt of shares in terms of an election to
receive either a cash dividend or return of
capital by way of an issue of new shares
Nature and extent of director’s interest: Indirect beneficial
Name of associate: CEMZ Holdings Limited
Name of director and relationship to director: Alexandru Morar, who has an indirect
beneficial interest in CEMZ Holdings Limited
Transaction date: 26 March 2015
Class of securities: Ordinary shares
Number of securities: 591 000
Price per security: ZAR135.00
Total value: ZAR79 785 000.00
Nature of transaction: On-market sale of shares through the JSE
Nature and extent of director’s interest: Indirect beneficial
Name of associate: Theri Limited
Name of director and relationship to director: Tiberiu Smaranda, who has an indirect
beneficial interest in Theri Limited
Transaction date: 30 March 2015
Class of securities: Ordinary shares
Number of securities: 19 528
Price per security*: EUR 8.46
Total value: EUR 165 206.88
Nature of transaction: Receipt of shares in terms of an election to
receive either a cash dividend or return of
capital by way of an issue of new shares
Nature and extent of director’s interest: Indirect beneficial
Name of associate: Theri Limited
Name of director and relationship to director: Tiberiu Smaranda, who has an indirect
beneficial interest in Theri Limited
Transaction date: 27 March 2015
Class of securities: Ordinary shares
Number of securities: 50 438
Highest traded price ZAR140.00
Weighted average price per share ZAR139.66
Lowest traded price ZAR138.80
Total value: ZAR7 044 409.60
Nature of transaction: On-market sale of shares through the JSE
Nature and extent of director’s interest: Indirect beneficial
Name of associate: Theri Limited
Name of director and relationship to director: Tiberiu Smaranda, who has an indirect
beneficial interest in Theri Limited
Transaction date: 30 March 2015
Class of securities: Ordinary shares
Number of securities: 120 000
Highest traded price ZAR140.00
Weighted average price per share ZAR139.26
Lowest traded price ZAR139.00
Total value: ZAR16 711 680.67
Nature of transaction: On-market sale of shares through the JSE
Nature and extent of director’s interest: Indirect beneficial
Name of associate: Focus CEE Investments Limited
Name of director and relationship to director Victor Semionov, who has an indirect
beneficial interest in Focus CEE Investments
Limited
Transaction date: 30 March 2015
Class of securities: Ordinary shares
Number of securities: 28 678
Price per security: EUR 8.46
Total value: EUR 242 615.88
Nature of transaction: Receipt of shares in terms of an election to
receive either a cash dividend or return of
capital by way of an issue of new shares
Nature and extent of director’s interest: Indirect beneficial
Name of associate: Focus CEE Investments Limited
Name of director and relationship to director Victor Semionov, who has an indirect
beneficial interest in Focus CEE Investments
Limited
Transaction date: 26 March 2015
Class of securities: Ordinary shares
Number of securities: 591 000
Price per security: ZAR135.00
Total value: ZAR79 785 000.00
Nature of transaction: On-market sale of shares through the JSE
Nature and extent of director’s interest: Indirect beneficial
Name of associate: Groot Marico Limited
Name of director and relationship to director Mirela Covasa, who has an indirect beneficial
interest in Groot Marico Limited
Transaction date: 30 March 2015
Class of securities: Ordinary shares
Number of securities: 6 458
Price per security: EUR 8.46
Total value: EUR 54 634.68
Nature of transaction: Receipt of shares in terms of an election to
receive either a cash dividend or return of
capital by way of an issue of new shares
Nature and extent of director’s interest: Indirect beneficial
Part of the sale proceeds will be used for the repayment of outstanding debt relating to the NEPI Share Purchase
Scheme;
* This is the implied price in terms of the election and for Rand purposes assumes an exchange rate of EUR 1.00:
ZAR 13.0056;
31 March 2015
For further information please contact:
New Europe Property Investments plc
Victor Semionov +40 74 438 8023
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
Date: 31/03/2015 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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