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

Release Date: 18/08/2015 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” or the “issuer”)


DEALING IN SECURITIES - NOTIFICATION OF MAJOR INTEREST IN SHARES


For purposes of compliance with the rules of Romanian Financial Supervisory Authority, the Listings Requirements of the
JSE 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:

Other (please specify):

3. Full name of person(s) subject to the
                                                                                  Standard Bank Group Ltd
notification obligation:


4. Full name of shareholder(s)
 (if different from 3.):

5. Date of the transaction and date on
which the threshold is crossed or                                                        12.08.2015
reached:


6. Date on which issuer notified:                                                        17.08.2015



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
the ISIN CODE          Number        Number        Number        Number of voting            % of voting rights
                       of            of            of shares     rights
                       Shares        Voting
                                     Rights

                                                   Direct        Direct      Indirect        Direct        Indirect

Ordinary
EUR0.01                14,108,473     14,108,473   -             -           14,306,586      -             5.07%
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     Expiration     Exercise/     Number of voting rights         % of voting rights
instrument             price        date           Conversion    instrument refers to
                                                   period

                                                                                                 Nominal     Delta




Total (A+B+C)


Number of voting rights                                     Percentage of voting rights


14,306,586                                                  5.07%
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
                                                       Standard Bank Group Limited

15. Contact telephone number:                          +27 11 631 9106


18 August 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: 18/08/2015 05:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
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