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NEW EUROPE PROPERTY INVESTMENTS PLC - Dealings in securities by a director of subsidiaries of the company

Release Date: 09/12/2015 17:49
Code(s): NEP     PDF:  
Wrap Text
Dealings in securities by a director of subsidiaries of the company

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 A DIRECTOR OF SUBSIDIARIES OF THE COMPANY


Shareholders are advised of the following information relating to dealings in securities by a director of subsidiaries of
the Company:

Name of director:                                                     Adrian Chiriac
Transaction date:                                                     4 December 2015
Class of securities:                                                  Ordinary shares
Number of securities:                                                 10 000
Highest traded price per security*:                                   ZAR164.97
Weighted average price per security:                                  ZAR161.5533
Lowest traded price per security*:                                    ZAR159.51
Total value of transaction:                                           ZAR1 615 533.00
Nature of transaction:                                                On-market sale through the JSE
Nature and extent of director’s interest:                             Direct beneficial
Clearance to deal received:                                           Yes
*Highest and lowest traded prices per security on the market on the day.


Following the above transaction, Adrian Chiriac holds 94,000 shares in NEPI, representing 0.03% of NEPI’s issued
share capital.

9 December 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

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