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

Release Date: 30/07/2015 17:45
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 SHARES

1. Identity of the issuer or the underlying issuer
   of existing shares to which voting rights are                      NEW EUROPE PROPERTY INVESTMENTS PLC
   attached:                                                                   ISIN: IM00B23XCH02

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: private placing of shares which occurred in December
  2014.

  Other (please specify):

3. Full name of person(s) subject to the
   notification obligation:                                                                  Standard Bank Group Ltd
   
4. Full name of shareholder(s)
   (if different from 3.):
 
5. Date of the transaction and date on
   which the threshold is crossed or                                                    20.07.2015
   reached:

6. Date on which issuer notified:                                                       23.07.2015

7. Threshold(s) that is/are crossed or reached:                                             5%

8. Notified details:

A: Voting rights attached to shares
   Class/type of          Situation previous          Resulting situation after the triggering transaction
   shares                 to the triggering
                          transaction
  
   if possible using      Number         Number       Number        Number of voting            % of voting rights
   the ISIN CODE          of             of           of shares     rights
                          Shares         Voting
                                                      Direct        Direct      Indirect        Direct        Indirect
                                         Rights
   Ordinary
   EUR0.01                14,849,809     14,849,809   -             -           14,108,473      -             4.99%
   IM00B23XCH02


B: Qualifying Financial Instruments

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

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

   Resulting situation after the triggering transaction
   Type of financial      Exercise     Expiratio      Exercise/     Number of voting rights         % of voting rights
   instrument             price        n date         Conversion    instrument refers to
                                                      period
                                                                                                    Nominal     Delta

   Total (A+B+C)

   Number of voting rights                                     Percentage of voting rights
   14,108,473                                                  4.99%

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

   Proxy Voting:

10.Name of the proxy holder:

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

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

13.Additional information:

14.Contact name:                                      Zola Stephen

15.Contact telephone number:                          +27 11 631 9106


30 July 2015

For further information please contact:

New Europe Property Investments plc
Mirela Covasa                                         +4 021 232 1398

Nominated Adviser and Broker
Smith & Williamson Corporate Finance Limited
Azhic Basirov                                         +44 20 7131 4000

JSE sponsor
Java Capital                                          +27 11 722 3050

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

Date: 30/07/2015 05:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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