TIDMNEPI

RNS Number : 8961A

New Europe Property Investments PLC

10 June 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 "the Company")

DIRECTORATE CHANGE

Tiberiu Smaranda intends to resign from his position of Executive Director as of 1 September 2016, having decided to pursue other business opportunities.

Tiberiu will remain involved in the business during the following period, to ensure a smooth transition and effective succession arrangements. The directors are considering candidates for executive roles on the Board of the Company. Appointments will be made in due course and shareholders will be advised accordingly.

The Board of Directors is grateful for Tiberiu's contribution to the Company's development and success and wishes him well in his future endeavours.

10 June 2016

For further information please contact:

 
 New Europe Property Investments 
  plc 
 Alex Morar                          +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

END

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June 10, 2016 10:00 ET (14:00 GMT)

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