| Tue 8 Sep 2009, 16:00 | | NEP - New Europe Property Investments Plc - Dealing in securities |
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NEP
NEP
NEP - New Europe Property Investments Plc - Dealing in securities
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
ISIN Code: IM00B23XCH02
("Nepi" or "the Company")
DEALING IN SECURITIES
Shareholders are advised of the following information, relating to the dealing
in securities of the Company by associates of Desmond de Beer, a non-executive
director of the Company:
Name of associate: Master RP de Beer
Transaction date: 4 September 2009
Class of securities: Ordinary shares
Price per security: R24.99
Number of securities: 100
Total value: R2,499.00
Nature of transaction: Purchase
Nature and extent of associate`s interest: Direct beneficial
Name of associate: Miss EK de Beer
Transaction date: 4 September 2009
Class of securities: Ordinary shares
Price per security: R24.99
Number of securities: 100
Total value: R2,499.00
Nature of transaction: Purchase
Nature and extent of associate`s interest: Direct beneficial
Name of associate: Master CM de Beer
Transaction date: 4 September 2009
Class of securities: Ordinary shares
Price per security: R24.99
Number of securities: 100
Total value: R2,499.00
Nature of transaction: Purchase
Nature and extent of associate`s interest: Direct beneficial
Clearance to deal was received as required in terms of the JSE Listings
Requirements.
Following the purchases outlined above, through his associates, Mr de Beer has
an interest of 300 ordinary shares representing 0.001% of the Company`s issued
share capital. In addition, through his interest in The Suni Trust, Mr De Beer
has a beneficial interest in 1,922,000 ordinary shares in the Company,
representing 6.8% of the Company`s issued share capital. Mr De Beer also has an
interest in ordinary shares in the Company through his 50% interest in
Optimprops 3 (Proprietary) Limited, which holds 1,477,500 ordinary shares in the
Company, representing 5.2% of the Company`s issued share capital. Mr De Beer
also directly and indirectly holds 7.2% of Resilient Property Income Fund
Limited ("Resilient") and 0.8% of Capital Property Fund ("Capital"). Resilient
has a 15.8% unitholding in Capital, which is directly interested in 6,155,000
ordinary shares in the capital of the Company, representing 21.9% of the
ordinary share capital of the Company. Resilient is also directly interested in
7,392,500 ordinary shares in the capital of the Company, representing 26.3% of
the ordinary share capital of the Company, through its ownership of Diversified
Properties 2 (Proprietary) Limited.
8 September 2009
South African sponsor
Java Capital (Proprietary) Limited
For further information please contact:
New Europe Property Investments plc +40 74 432 8882
Martin Slabbert
Smith & Williamson Corporate Finance Limited +44 20 7131 4000
Azhic Basirov
Date: 08/09/2009 16:00:02 Produced by the JSE SENS Department.
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