Issue Of Equity , 28 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")
The Company advises that it has issued a total of 634,668 new ordinary shares ("the New Shares") at Eur2.10 per share, pursuant to the Company`s share incentive scheme, 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 2 November 2009. Following the issue of the New Shares, the Company`s issued ordinary share capital is comprised of 40,657,663 ordinary shares of Eur0.01 each.
For further information please contact:
| New Europe Property Investments plc Martin Slabbert |
+40 74 432 8882 |
|---|---|
| Nominated adviser Smith & Williamson Corporate Finance Limited Azhic Basirov |
+44 20 7131 4000 |
| South African sponsor Java Capital (Proprietary) Limited |
+27 11 283 0042 |
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