Director/PDMR Shareholding
RNS Number : 7048Y
New Europe Property Investments PLC
08 September 2009
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 associates 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 associates 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 associates 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 Martin Slabbert |
+40 74 432 8882 |
|---|---|
| Smith & Williamson Corporate Finance Limited Azhic Basirov |
+44 20 7131 4000 |
This information is provided by RNS
The company news service from the London Stock Exchange
