To view the PDF file, sign up for a MySharenet subscription.

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

Release Date: 28/10/2015 10:45
Code(s): NEP     PDF:  
Wrap Text
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”)


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
                                                                   NEW EUROPE PROPERTY INVESTMENTS PLC
 of existing shares to which voting rights are
                                                                   ISIN: IM00B23XCH02
 attached:

 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
                                                                   PUBLIC INVESTMENT CORPORATION
 notification obligation:
 4. Full name of shareholder(s)
                                                                                       N/A
  (if different from 3.):
 5. Date of the transaction and date on
 which the threshold is crossed or                                               2 October 2015
 reached:

 6. Date on which issuer notified:                                               5 October 2015

 7. Threshold(s) that is/are crossed or
                                                                                       10%
 reached:
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
NEP
Ordinary
EUR0.01                26,232,786                 28,781,861                                10.142%
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.

NONE                        N/A          N/A                        N/A                          N/A




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
28,781,861                                                 10.142% (as at 5 October 2015)
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:


N/A




Proxy Voting:

10. Name of the proxy holder:                                         N/A

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

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




13. Additional information:                                           N/A


14. Contact name:                                                     MDUDUZI NSIBANDE


15. Contact telephone number:                                         012 742 3536


28 October 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: 28/10/2015 10:45:00 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
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story