Issue of Equity and Total Voting Rights
NEPI advises that it has issued a total of 350,000 new ordinary shares in the Company (“Scheme Shares”) at a price of EUR4.00 per share pursuant to The NEPI Share Purchase Scheme. Application has been made to the JSE and the London Stock Exchange and will be made to the Bucharest Stock Exchange (“BVB”) for […]
Acquisition of Land and Proposed Development
The Company is pleased to announce that its wholly-owned subsidiary, NEPI Nine Investment Development SRL (“NEPI Nine”), has concluded an agreement for the purpose of acquiring a plot of land of approximately 12.7 hectares in Galati, Romania from a local Romanian company (“the Galati transaction”). Galati is the seventh largest Romanian city and the largest […]
Rights Offer – Dealing in Securities
Shareholders are advised that the following directors and their associates have exercised their rights and purchased the number of ordinary shares indicated against their names below in terms of the rights offer: Name of associate The Suni Trust Name of director Des de Beer who is a trustee and beneficiary of The Suni Trust Transaction […]
Results of the Rights Offer
Shareholders are referred to the rights offer to NEPI shareholders which closed on Monday, 12 November 2012 in respect of pre-emptive rights holders registered in Romania and Friday, 16 November 2012 in respect of shareholders on the SA and UK share registers (“the rights offer”). Shareholders are advised that in respect of the 12 345 […]
Unaudited Condensed Consolidated Financial Results for the Nine Months Ended 30 September 2012
Availability of the Unaudited Condensed Consolidated Financial Results for the Nine Months Ended 30 September 2012
New Europe Property Investments plc, having its registered office on 2nd Floor, Anglo International House, Lord Street, Douglas, Isle of Man, IM1 4LN, with registered number 001211V, advises its shareholders that its unaudited condensed consolidated financial results for the nine months ended 30 September 2012 were submitted to the Bucharest Stock Exchange (“BVB”) and to […]
Dealing in Securities by Associates of Directors of NEPI
Shareholders are advised of the following information relating to the dealings in securities by associates of directors of the company. Name of associate Slabbert Family Limited Name of director Martin Slabbert, who has an indirect beneficial interest in Slabbert Family Limited, the entity which entered into the transaction Transaction date 2 November 2012 Class of […]
Rights Offer Circular
Shareholders are referred to the announcements released on the Stock Exchange News Service of the JSE, the Regulatory News Service of the London Stock Exchange and the Bucharest Stock Exchange (the “BVB”) on 5 October 2012 and 12 October 2012 in relation to the rights offer by NEPI under the terms of which NEPI shareholders […]
Dealing in Securities by Associates of a Director
Shareholders are advised of the following information relating to the dealing in securities by an associate of a director of the company. Name of associate Madelein Slabbert Name of director Martin Slabbert Relationship to director Wife Transaction date 25 October 2012 Class of securities Letters of allocation (JSE code NEPN) Number of securities 24 082 […]
Dealing in Securities by Associates of a Director
Shareholders are advised of the following information relating to the dealing in securities by associates of a director of the company. Name of associate Hollyrood Investments (Pty) Ltd Name of director Des de Beer, who owns 100% of Hollyrood Investments (Pty) Ltd Transaction date 23 October 2012 Class of securities Letters of allocation (JSE code […]
Rights Offer Finalisation Announcement
Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE, the Regulatory News Service of the London Stock Exchange and the Bucharest Stock Exchange (“the BVB”) on 5 October 2012 in relation to the rights offer by NEPI (“the rights offer”) under the terms of which NEPI shareholders will […]
Hedging of Rights Offer Proceeds
Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE, the Regulatory News Service of the London Stock Exchange and the Bucharest Stock Exchange on 5 October 2012 in relation to the rights offer by NEPI (“the rights offer”) under the terms of which NEPI shareholders will be offered […]
Rights Offer Declaration Announcement
Introduction It is the intention of NEPI to undertake a rights offer to all NEPI shareholders in order to raise approximately €50 million (“the rights offer”). The proceeds from the rights offer are expected to be used to fund potential acquisitions which NEPI is in the process of negotiating. Should the acquisitions not be completed, […]
Issue of Equity and Total Voting Rights
NEPI advises that it has placed a total of 2 980 061 new ordinary shares in the Company (“New Shares”) with shareholders registered on the South African register at a price of R43.50 per share pursuant to a placement for cash, raising gross proceeds of R129.6 million (the “Private Placement”). At this level, the Private […]
Dealing in Securities by a Director and by Associates of Directors of NEPI
Shareholders are advised of the following information relating to the dealing in securities by directors and associates of directors of the company. Name of associate The Suni Trust Name of director Des de Beer, who is a trustee and beneficiary of The Suni Trust Transaction date 21 September 2012 Class of securities Ordinary Shares Number […]
Results of Dividend and Issue of New Shares
Shareholders are referred to the previous announcements, the last of which was released on 31 August 2012, in respect the election by shareholders to receive a return of capital by way of an issue of 3 new NEPI shares (“new NEPI shares”) for every 100 NEPI shares held on the relevant record date, being Friday, […]
Update in Respect of the Dividend for the Six Months Ended 30 June 2012
Shareholders are referred to the dividend declaration announced on 24 August 2012 and are advised that shareholders on the South African share register will receive their cash dividend in South African Rand converted from Euro at an exchange rate of EUR1.00 : ZAR10.62. Accordingly, the cash dividend of 11.24 Euro cents per share will be […]
Notice to NEPI Shareholders in Respect of a Cash Dividend or a Return of Capital
Cash Dividend or Return of Capital As announced on 7 August 2012, shareholders are advised that the board of the company has declared an interim dividend for the six months ended 30 June 2012 and that the board has resolved to offer to shareholders the election to receive a return of capital by way of […]
Results of General Meeting
Shareholders are advised that at the general meeting of the company held on Friday, 24 August 2012, convened in terms of the notice of general meeting contained in the circular to NEPI shareholders issued on 1 August 2012, all ordinary and special resolutions proposed thereat were passed without modification by the requisite majority of NEPI […]
Availability of Condensed Consolidated Unaudited Financial Statements for the Six Months Ended 30 June 2012
New Europe Property Investment plc, having its registered office on 2nd Floor, Anglo International House, Lord Street, Douglas, Isle of Man, IM1 4LN, with registered number 001211V, advises its shareholders that its condensed consolidated unaudited financial statements for the six months ended 30 June 2012 were submitted to the Bucharest Stock Exchange (“BVB”) and to […]
Condensed Consolidated Unaudited Financial Statements for the Six Months Ended 30 June 2012
Disposal of Auchan Hypermarket in Pitesti, Romania
Introduction Shareholders are advised that NEPI has, through its subsidiaries NE Property Cooperatief UA (“NEPC”) and NEPI Bucharest One SRL (“NEPI One”) (collectively, “the Sellers”), concluded agreements for the disposal of a hypermarket (“the Hypermarket” or “the property”) to Auchan Romania SA (“Auchan” or “the Purchaser”) (“the Transaction”). Currently, NEPC and NEPI One jointly own […]
Posting of Circular and Notice of General Meeting to NEPI Shareholders
NEPI shareholders are advised that the company has today posted a circular to its shareholders in respect of: an increase in the amount of share capital of the company available for issue the amendment of the company’s articles of association in order to provide amongst others for: an increase in the amount of share capital […]
Dealing in Securities by Associates of Directors
Shareholders are advised of the following information relating to the dealing in securities by associates of directors of NEPI. Name of associate Garsol Limited Name of director Dan Pascariu, who is a shareholder of Garsol Limited, the entity which entered into the transaction Transaction date 19 June 2012 Class of securities Ordinary Shares Number of […]
Financial Reporting Schedule Update
Shareholders are referred to the announcement released on 16 March 2012 regarding the Company’s Financial Reporting Schedule for the 2012 calendar year and are advised that the Financial Reporting Schedule has been revised as set out in the table below. The Revised Financial Reporting Schedule for the 2012 calendar year has been notified to the […]
Acceptance of Shares in Terms of the NEPI Share Purchase Scheme (The Share Purchase Scheme)
Shareholders are advised of the following information relating to the acceptance of shares (“Scheme Shares”) as offered to directors and officers in terms of the rules of The Share Purchase Scheme. The pricing of the Scheme Shares was based on the 30-day volume weighted average price immediately prior to 12 June 2012, the day on […]
Issue of Equity and Total Voting Rights
NEPI advises that it has issued a total of 2,055,000 new ordinary shares in the Company (“Scheme Shares”) at a price of EUR3.28 per share pursuant to The Share Purchase Scheme. Application has been made for the Scheme Shares issued under the Share Purchase Scheme to be admitted to trading on the JSE, AIM and […]
Update on Investments
The purpose of this announcement is to advise shareholders of various agreements which NEPI has concluded and provide an update regarding Victoria City Centre and other investment opportunities. Vulcan Transaction NEPI has through its wholly-owned subsidiary, NE Property Cooperatief U.A. (“NEPC”), concluded a shareholders’ agreement with Mr Michael Topolinski and a Romanian special purpose vehicle […]
Notification of Acquisition of Beneficial Interest in Shares – Holding Over 10%
For purposes of compliance with the rules of the Bucharest Stock Exchange and the AIM Market, shareholders are advised that the Company has received notification from Capital Property Fund of the acquisition of ordinary NEPI shares such that Capital Property Fund’s total beneficial interest in the Company is now 10.87% of NEPI’s issued ordinary share […]
Notification of Acquisition of Beneficial Interest in Shares – Holding Over 10%
For purposes of compliance with the rules of the Bucharest Stock Exchange and the AIM Market, shareholders are advised that the Company has received notification from Fortress Income 2 (Pty) Ltd of the acquisition of ordinary NEPI shares such that Fortress Income 2 (Pty) Ltd’s total beneficial interest in the Company is now 10.53% of […]
Unaudited Condensed Consolidated Financial Results for the Three Months Ended 31 March 2012
Availability of Unaudited Condensed Consolidated Financial Statements For the Three Months Ended 31 March 2012
New Europe Property Investment plc, having its registered office on 2nd Floor, Anglo International House, Lord Street, Douglas, Isle of Man, IM1 4LN, with registered number 001211V, advises its shareholders that its condensed consolidated unaudited financial statements for the three months ended 31 March 2012 was submitted to the Bucharest Stock Exchange (“BVB”) and to […]
Issue of Equity, Total Voting Rights and Financial Effects
NEPI advises that it has placed a total of 13,505,201 new ordinary shares in the Company (“New Shares”) with shareholders registered on the United Kingdom register at a price of EUR 3.20 per share pursuant to a placement for cash, raising gross proceeds of EUR 43.22 million (the “Private Placement”). The issue price of EUR […]
Belrom Settlement
Shareholders are advised that NEPI has, through two of its subsidiaries, concluded a settlement agreement with the vendors (the “Vendors”) of Promenada Mall Braila, situated in Romania (the “BelRom Settlement”). Under the terms of the BelRom Settlement, the Group will receive an early settlement amount of € 11,478,874 (the “Settlement Amount”), payable in cash, from […]
Trading Statement
In terms of the Listing Requirements of the JSE Limited, property entities are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the distribution for the period to be reported upon next will differ by at least 15% from the distribution for the previous […]
Issue of Equity and Total Voting Rights
Further to the announcement made on 18 April 2012, NEPI advises that it has placed a total of 1,600,000 new ordinary shares in the Company (“New Ordinary Shares”) with shareholders registered on the United Kingdom and the Romanian registers at a price of EUR 3.20 per share in respect of the United Kingdom register and […]
Events to be Reported: Results of Annual General Meeting
The Company announces that its Annual General Meeting was held on Thursday, 26 April 2012, at the Company’s registered office at 2nd Floor, Anglo International House, Lord Street, Douglas, Isle of Man. All resolutions proposed were passed by the requisite majorities of NEPI shareholders. In accordance with Article 113 par.(1) let. A, of the Romanian […]
Dealing in Securities by an Associate of a Director
Shareholders are advised of the following information relating to the dealing in securities by an associate of a director of NEPI. Name of associate Hollyrood Investments (Pty) Ltd Name of director Des de Beer, who owns 100% of Hollyrood Investments (Pty) Ltd, the entity which entered into the transaction Transaction date 16 March 2012 Number […]
Dealing in Securities by an Associate of a Director
Shareholders are advised of the following information relating to the dealing in securities by an associate of a director of NEPI. Name of associate Hollyrood Investments (Pty) Ltd Name of director Des de Beer, who owns 100% of Hollyrood Investments (Pty) Ltd, the entity which entered into the transaction Transaction date 15 March 2012 Number […]
Availability of 2011 Annual Report, No Change Statement and Notice of Annual General Meeting
NEPI advises its shareholders that its annual report for the year ended 31 December 2011 (“2011 Annual Report”) is being posted today to shareholders. It contains no changes from the audited results which were published on RNS, SENS and the Bucharest Stock Exchange (“BVB”) on 8 February 2012. The 2011 Annual Report contains a notice […]
Revised Financial Reporting Schedule for the 2012 Calendar Year
Shareholders are referred to the announcement released on 11 January 2012 regarding the Company’s Financial Reporting Schedule for the 2012 calendar year and are advised that the Financial Reporting Schedule has been revised as set out in the table below. The Revised Financial Reporting Schedule for the 2012 calendar year has been notified to the […]
Victoria City Centre – Update Regarding Project Development Plan
Shareholders are referred to the announcements regarding the proposed development of the Victoria City Centre shopping centre released on 17 November 2011 and 20 December 2011. As per the announcement of 20 December 2011 the proposed development is subject to the shareholders of the development company, being NE Property Cooperatief U.A. (NEPI’s wholly-owned subsidiary), Kitma […]
Dividend Update
Further to the dividend declaration announced on 08 February 2012, shareholders of the Company are advised that shareholders on the South African sub-register will receive a final dividend per ordinary share of 106.18231 South African cents, which is based on an exchange rate of 10.1319 South African Rand per Euro.
Amendment to Condensed Consolidated Audited Financial Statements for the Year Ended 31 December 2011
The condensed consolidated audited financial statements for the year ended 31 December 2011 (the “Announcement”) was released on the Stock Exchange News Service (“SENS”) of the JSE, the Regulatory News Service (“RNS”) of the London Stock Exchange and the BVB on Wednesday, 8 February 2012. NEPI advises shareholders that in the version of the Announcement […]
Availability of Condensed Consolidated Audited Financial Statements for the Year Ended 31 December 2011
New Europe Property Investment plc, having its registered office on 2nd Floor, Anglo International House, Lord Street, Douglas, Isle of Man, IM1 4LN, with registered number 001211V, advises its shareholders that its condensed consolidated audited financial statements for the year ended 31 December 2011 was submitted to the Bucharest Stock Exchange (“BVB”) and to the […]
Condensed Consolidated Audited Financial Statements for the Year Ended 31 December 2011 (English)
Condensed Consolidated Audited Financial Statements for the Year Ended 31 December 2011 (Romanian)
Acquisition of Modatim Investment S.A. (MTI), Modatim Properties S.A. (MTP) and Modatim Business Facility S.A. (MTBF)
Introduction Shareholders are advised that NEPI through its subsidiaries NEPI FOUR TOWER BUILDING S.R.L. (“NEPI FOUR”), NEPI FIVE OFFICE TOWER S.R.L. (“NEPI FIVE “) and NEPI BUCHAREST TWO S.R.L. (“NEPI TWO”) (collectively, “the Purchasers”) has concluded agreements for the acquisition of all the issued shares in and shareholders’ claims against MTI and MTP from MTInv […]
Trading Statement
In terms of the Listing Requirements of the JSE Limited, property entities are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the distribution for the period to be reported upon next will differ by at least 15% from the distribution for the previous […]
Financial Reporting Schedule
The Company announces its Financial Reporting Schedule for the 2012 calendar year which has been notified to the Romanian National Securities Commission (“NSC”) and the Bucharest Stock Exchange (“BVB”) as required by NSC Regulation 1/2006 and the BVB Rulebook. Presentation of the audited financial results for 2011 8 February 2012 Presentation of the annual reports […]
