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
The Company advises that it has issued a total of 799,633 new ordinary shares
("the New Shares") at EUR 2.58 per share, pursuant to the share incentive scheme
of NEPI Investment Management Limited, the Company`s external investment
advisor, to be allocated in due course. Application has been made for the New
Shares to be admitted to trading on AIM and the JSE Limited and the New Shares
are expected to be admitted to trading on 26 May 2010.
Following the issue of the New Shares, the Company`s issued ordinary share
capital is comprised of 56,650,471 ordinary shares of EUR 0.01 each.
25 May 2010
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, Charles Combe
South African sponsor +27 11 283 0042
Java Capital (Proprietary) Limited
Date: 25/05/2010 11:30:01 Produced by the JSE SENS Department.
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