TIDMNEPI
RNS Number : 1030B
New Europe Property Investments PLC
20 October 2009
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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")
ISSUE OF EQUITY
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.
20 October 2009
For further information please contact:
+--------------------------------------------------------------+----------------------+
| New Europe Property Investments plc | +40 74 432 8882 |
| Martin Slabbert | |
| | |
+--------------------------------------------------------------+----------------------+
| Smith & Williamson Corporate Finance Limited | +44 20 7131 4000 |
| Azhic Basirov | |
| | |
+--------------------------------------------------------------+----------------------+
| South African sponsor | +27 11 283 0042 |
| Java Capital (Proprietary) Limited | |
| | |
+--------------------------------------------------------------+----------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
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