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

Release Date: 04/12/2015 09:01
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 of 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
                                                                                Investec Asset Management Pty Ltd
 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                                                      30 November 2015
 reached:

 6. Date on which issuer notified:                                                       2 December 2015

 7. Threshold(s) that is/are crossed or
                                                                                                5%
 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                    15,377,141      15,377,141                     -              -    14,025,721                  -          4.70%
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        Expiration      Exercise/         Number of voting rights             % of voting rights
instrument              price           date            Conversion        instrument refers to
                                                        period
                                                                                                              Nominal             Delta
NONE                    N/A             N/A             N/A               N/A
                                                                                                                              -           -



Total (A+B+C)

Number of voting rights                                           Percentage of voting rights

14,025,721                                                        4.70%
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:                                                            Ian Gartshore



15. Contact telephone number:                                                020 7597 1825


4 December 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/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: 04/12/2015 09:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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