New Europe Property Investments PLC Dealings in Securities by Associates of Directors (8878S)
22 March 2016 - 9:00PM
UK Regulatory
TIDMNEPI
RNS Number : 8878S
New Europe Property Investments PLC
22 March 2016
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 BVB share code: NEP
ISIN: IM00B23XCH02
("NEPI" or "the Company")
DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS OF NEPI
Shareholders are advised of the following information relating
to dealings in securities by a director and by associates of
directors of the Company.
Name of associate: Hollyrood Investments Proprietary
Limited
Name of director and relationship Des de Beer who owns 100% of
to director: Hollyrood Investments Proprietary
Limited
Transaction date: 18 March 2016
Class of securities: Ordinary shares
Number of securities: 64 242
Price per security*: ZAR161.12141
Total value: ZAR10 350 761.62
Nature of transaction: Receipt of shares in terms
of an election to receive either
a cash dividend or return of
capital by way of an issue
of new shares
Nature and extent of director's Indirect beneficial
interest:
Name of associate: Optimprops 3 Proprietary Limited
Name of director and relationship Des de Beer who has a 50% interest
to director: in Optimprops 3 Proprietary
Limited
Transaction date: 18 March 2016
Class of securities: Ordinary shares
Number of securities: 19 564
Price per security*: ZAR161.12141
Total value: ZAR3 152 179.27
Nature of transaction: Receipt of shares in terms
of an election to receive either
a cash dividend or return of
capital by way of an issue
of new shares
Nature and extent of director's Indirect beneficial
interest:
----------------------------------- -----------------------------------
Name of associate: CEMZ Holdings Limited
Name of director and relationship Alexandru Morar, who has an
to director: indirect beneficial interest
in CEMZ Holdings Limited
Transaction date: 18 March 2016
Class of securities: Ordinary shares
Number of securities: 13 596
Price per security*: ZAR161.12141
Total value: ZAR2 190 606.69
Nature of transaction: Receipt of shares in terms
of an election to receive either
a cash dividend or return of
capital by way of an issue
of new shares
Nature and extent of director's Indirect beneficial
interest:
----------------------------------- ----------------------------------
Name of associate: Theri Limited
Name of director and relationship Tiberiu Smaranda, who has an
to director: indirect beneficial interest
in Theri Limited
Transaction date: 18 March 2016
Class of securities: Ordinary shares
Number of securities: 8 327
Price per security*: ZAR161.12141
Total value: ZAR1 341 657.98
Nature of transaction: Receipt of shares in terms
of an election to receive either
a cash dividend or return of
capital by way of an issue
of new shares
Nature and extent of director's Indirect beneficial
interest:
----------------------------------- ----------------------------------
Name of associate: Groot Marico Limited
Name of director and relationship Mirela Covasa, who has an indirect
to director beneficial interest in Groot
Marico Limited
Transaction date: 18 March 2016
Class of securities: Ordinary shares
Number of securities: 4 971
Price per security*: ZAR161.12141
Total value: ZAR800 934.53
Nature of transaction: Receipt of shares in terms
of an election to receive either
a cash dividend or return of
capital by way of an issue
of new shares
Nature and extent of director's Indirect beneficial
interest:
----------------------------------- -----------------------------------
* This is the implied price in terms of the election and for
Rand purposes assumes an exchange rate of EUR 1.00: ZAR
17.16510.
Following the transaction stated in this announcement, the
holdings of the above mentioned directors are summarized below:
Percentage
Direct Indirect Total shares of issued
Director holding holding held shares (%)
Des de Beer 6 016 029 6 016 029 1.99
Alexandru Morar 756 547 756 547 0.25
Tiberiu Smaranda 463 327 463 327 0.15
Mirela Covasa 276 600 276 600 0.09
TOTAL 7 512 503 7 512 503 2.48
------------------------------ --------------------- --------------------- ---------------------------
22 March 2016
For further information please contact:
New Europe Property Investments
plc
Mirela Covasa +40 21 232 1398
---------------------------------- -----------------
AIM Nominated Adviser and Broker
Smith & Williamson Corporate
Finance Limited
Azhic Basirov/Katy Birkin +44 20 7131 4000
---------------------------------- -----------------
JSE sponsor
Java Capital +27 11 722 3050
---------------------------------- -----------------
BVB advisor
SSIF Intercapital Invest SA
Razvan Pasol +40 21 222 8731
---------------------------------- -----------------
This information is provided by RNS
The company news service from the London Stock Exchange
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