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NEW EUROPE PROPERTY INVESTMENTS PLC - Dealings in securities by an associate of a director of NEPI

Release Date: 29/09/2015 08:00
Code(s): NEP     PDF:  
Wrap Text
Dealings in securities by an associate of a director 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 AN ASSOCIATE OF A DIRECTOR OF NEPI


Shareholders are advised of the following information relating to dealings in securities by an associate of a director of
the Company pursuant to the election to receive a scrip dividend in accordance with the circular issued to shareholders
on 28 August 2015.

 Name of associate:                                                 Garsol Limited
 Name of director and relationship to director:                     Dan Pascariu who is a shareholder of Garsol
                                                                    Limited
 Transaction date:                                                  28 September 2015
 Class of securities:                                               Ordinary shares
 Number of securities:                                              3 229
 Price per security*:                                               ZAR143.64
 Total value:                                                       ZAR463 813.56
 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
* This is the implied price in terms of the election and for Rand purposes assumes an exchange rate of EUR 1.00:
ZAR 15.1835.

Following the above transaction, Dan Pascariu has an indirect beneficial interest amounting to 171 421 shares in
NEPI, representing 0.06% of NEPI’s issued share capital.

29 September 2015

For further information please contact:

New Europe Property Investments plc
Alexandru Morar                                                              +40 21 232 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

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