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NEW EUROPE PROPERTY INVESTMENTS PLC - Dealings in Securities by an Associate Of A Director Of NEPI

Release Date: 18/11/2015 17:45
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”)


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 NEPI:

 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:                                                             16 November 2015
 Class of securities:                                                          Ordinary shares
 Number of securities:                                                         153 003
 Highest traded price per security*:                                           ZAR154.90
 Weighted average price per security:                                          ZAR154.0862
 Lowest traded price per security*:                                            ZAR151.50
 Total value of transaction:                                                   ZAR23 575 650.86
 Nature of transaction:                                                        On-market sale 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:                                                             17 November 2015
 Class of securities:                                                          Ordinary shares
 Number of securities:                                                         193 686
 Highest traded price per security*:                                           ZAR160.00
 Weighted average price per security:                                          ZAR154.1574
 Lowest traded price per security*:                                            ZAR153.74
 Total value of transaction:                                                   ZAR29 858 130.18
 Nature of transaction:                                                        On-market sale through the JSE
 Nature and extent of director’s interest:                                     Indirect beneficial
*Highest and lowest traded prices per security on the market on the day.

Following the above transaction, Theri Limited holds 455 000 shares in NEPI, representing 0.15% of NEPI’s issued share capital.

18 November 2015

For further information please contact:

New Europe Property Investments plc
Mirela Covasa                                                                  +40 21 232 1398

Nominated Adviser and Broker
Smith & Williamson Corporate Finance Limited
Azhic Basirov/Katy Birkin                                                      +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: 18/11/2015 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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