Issue Of Equity , 20 October 2009
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")
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.
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 |
| South African sponsor Java Capital (Proprietary) Limited |
+27 11 283 0042 |
Date: 20/10/2009 16:31:03 Supplied by www.sharenet.co.za Produced by the JSE SENS Department . The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
