| Mon 5 Dec 2011, 9:00 | | NEP - New Europe Property Investments plc - Issue of equity for the rights offer |
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NEP
NEP
NEP - New Europe Property Investments plc - Issue of equity for the rights offer
and total voting rights
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
BVB share code: NEP
JSE share code: NEP
ISIN: IM00B23XCH02
("NEPI" or "the company")
ISSUE OF EQUITY FOR THE RIGHTS OFFER AND TOTAL VOTING RIGHTS
Shareholders are referred to the rights offer to NEPI shareholders which closed
on Monday, 28 November 2011 in respect of pre-emptive rights holders registered
in Romania and Friday, 2 December 2011 in respect of shareholders on the SA and
UK share registers ("the rights offer"). Shareholders are advised that the
rights offer has been oversubscribed and accordingly the maximum number of 14
285 714 NEPI shares available ("new NEPI shares" or "rights offer shares") have
been issued in respect of the rights offer.
Shareholders are advised that a further announcement containing details of the
results of the rights offer including the allocation of new NEPI shares amongst
shareholders who exercised their rights, shareholders who applied for excess
rights offer shares and the underwriter will be released during the course of
today, Monday 5 December 2011.
The date of commencement of trading of the new NEPI shares on the JSE Limited
was Monday, 28 November 2011 and on the London Stock Exchange and the Bucharest
Stock Exchange is Monday, 5 December 2011.
Following the issue of the new NEPI shares, the total issued share capital of
the company will increase to 102 783 693 ordinary shares.
Therefore, the total number of voting rights in NEPI is 102 783 693 which may be
used by shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to their
interest in, NEPI under the UK Financial Services Authority`s Disclosure and
Transparency Rules.
5 December 2011
For further information please contact:
New Europe Property Investments plc +40 74 432 8882
Martin Slabbert
Nominated Adviser and Broker +44 20 7131 4000
Smith & Williamson Corporate Finance Limited
Azhic Basirov/Siobhan Sergeant
Corporate advisor, legal advisor as to South African +27 11 283 0042
law and JSE sponsor
Java Capital
Romanian advisor +40 21 222 8731
SSIF Intercapital Interest SA
Razvan Pasol
5 December 2011
Date: 05/12/2011 09:00:14 Produced by the JSE SENS Department.
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