NEP - New Europe Property Investments Plc - Issue Of Equity
NEP
NEP
NEP - New Europe Property Investments Plc - Issue Of Equity
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")
ISSUE OF EQUITY
Further to the announcement dated 5 October 2009, the Company advises that it
has issued a total of 9,014,781 new ordinary shares at a price of
approximately Eur2.03 per share ("the New Shares"), pursuant to the
acquisition of the holding company of the European Retail Park in Braila (the
issue price having been agreed in June 2009). Application has been made for
the New Shares to be admitted to trading on AIM and the JSE Limited and the
shares are expected to be admitted to trading tomorrow.
Following the issue of the New Shares, the Company`s issued ordinary share
capital is comprised of 40,022,995 ordinary shares of Eur0.01 each.
20 October 2009
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
South African sponsor
Java Capital (Proprietary) Limited +27 11 283 0042
Date: 20/10/2009 16:31:03 Produced by the JSE SENS Department.
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