Acquisition of City Park, Constanta

INTRODUCTION Shareholders are advised that, on 17 December 2013, NEPI through its subsidiaries NEPI Four Real Estate Solutions S.R.L. and NEPI Bucharest Two S.R.L. (collectively, “the Purchasers”), concluded an agreement to acquire all the issued shares in and the shareholder’s claims against Everest Investitii Si Consultanta S.A. (“EIC” or “the Project Company”) from Triad Trading […]

Issue of Equity and Total Voting Rights

NEPI advises that it has issued a total of 9 020 844 new ordinary shares in the Company in terms of the Book Build announced on 28 November 2013. The new shares issued under the Book Build have been admitted to trading on the JSE Limited, AIM and the Bucharest Stock Exchange (“BVB”) today, 6 […]

Results of the Accelerated Book Build for Acquisitions

NEPI has closed its Book Build announced earlier today, 28 November 2013. In light of strong demand, the quantum to be raised was increased to ZAR695 million (approximately €50 million). At this level, the book was substantially oversubscribed. The new NEPI shares to be issued pursuant to the Book Build process have been priced at […]

NEPI Announces Accelerated Book Build for Acquisitions

NEPI announces an equity raising of approximately R486 million (equivalent to approximately €35 million) through the issue of new ordinary shares (“Equity Raising”). The Equity Raising is subject to pricing acceptable to NEPI, and will be completed, under the Company’s general authority to issue shares for cash approved by NEPI shareholders at the annual general […]

Update on Developments

Opening of Shopping City Galati NEPI has completed Shopping City Galati and it opened on 21 November 2013. The development, which has 27,000 m2 of Gross Leasable Area (GLA), is fully let and houses various international brands, including Carrefour, CCC, C&A, Deichmann, DM, H&M, Intersport, KFC and New Yorker. It was completed within six months […]

Unaudited Condensed Consolidated Financial Results for the Nine Months Ended 30 September 2013

Availability of Unaudited Condensed Consolidated Financial Results for the Nine Months Ended 30 September 2013

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 2013 were submitted to the Bucharest Stock Exchange (“BVB”) and to […]

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 a director and by associates of directors of the company. Name of associate The Suni Trust Name of and relationship to director Des de Beer, who is a trustee and beneficiary of The Suni Trust Transaction date 30 September 2013 Class […]

NEPI Now Subject to UK Takeover Code

Shareholders are advised that, following changes to the City Code on Takeovers and Mergers in the United Kingdom (the “UK Takeover Code”), AIM quoted companies with their registered office in the Isle of Man will now automatically fall within the regulation of the UK Takeover Code. As a result, NEPI will be subject to the […]

Results of Distribution, Issue of New Shares Election and Total Voting Rights

Shareholders are referred to the previous announcements in respect the election by shareholders to receive a return of capital by way of an issue of 2.694 new NEPI shares (“new NEPI shares”) for every 100 NEPI shares held on the relevant record date, being Friday, 20 September 2013 (“return of capital”) or a cash distribution […]

Two New Directors Appointed

NEPI announces that Alexandru Morar and Tiberiu Smaranda are to join the board of directors of the Company (the “Board”) as executive directors with immediate effect. Alexandru Morar has been with the Company since 2007 and is currently focused on the investments and acquisitions programme at NEPI and oversees some of the asset management functions. […]

Results of the Accelerated Book Build for Acquisitions

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO NEPI has closed its Book Build announced earlier today, 9 September 2013. In light of strong demand, the quantum to be raised was increased to ZAR594.9 […]

NEPI Announces Accelerated Book Build for Acquisitions

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO NEPI announces an equity raising of approximately R465 million (equivalent to approximately €35 million) through the issue of new ordinary shares (“Equity Raising”). The Equity Raising […]

Update in Respect of the Distribution for the Six Months Ended 30 June 2013

NEPI shareholders are referred to the distribution declaration announced on 28 August 2013 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 : ZAR13.36. Accordingly, the cash dividend of 12.93 Euro cents per share will […]

Dealings in Securities by Associates of Directors of Major Subsidiaries of the Company

Shareholders are referred to the directors’ dealings announcements released on 29 August 2013 and 2 September 2013 and the dealings detailed below and are advised that NEPI’s board of directors recently imposed limits on the size of loans (“scheme loans”) advanced against shares (“scheme shares”) held under The NEPI Share Purchase Scheme. A number of […]

Dealings in Securities by Associates of Directors of the Company and by Associates of Directors of Major Subsidiaries

Shareholders are advised of the following information relating to the dealings in securities by associates of directors and by associates of directors of major subsidiaries of the company: Name of associate Focus CEE Investments Limited Name of and relationship to director Victor Semionov who has an indirect beneficial interest in Focus CEE Investments Limited Transaction […]

Dealings in Securities by Associates of Directors of the Company and by Associates of Directors of Major Subsidiaries

Shareholders are advised of the following information relating to the dealings in securities by associates of directors and by associates of directors of major subsidiaries of the company: Name of associate Focus CEE Investments Limited Name of and relationship to director Victor Semionov who has an indirect beneficial interest in Focus CEE Investments Limited Transaction […]

Update on the Acquisition of an Interest in the Mega Mall Development in Bucharest

As announced on 2 August 2012 and in the company’s half-yearly report for the six months ended 30 June 2013, the group concluded a framework agreement to acquire a 70% interest in a permitted development site named Mega Mall (otherwise known as the former Electroaparataj factory site) in Bucharest, Romania, where NEPI intends to develop […]

Notice to NEPI Shareholders in Respect of an Election to Receive Either a Cash Dividend or a Return of Capital

Cash Dividend or Return of Capital As announced on 6 August 2013, shareholders are advised that the board of directors (“the board”) of the company has declared an interim distribution of 12.93 Euro cents per share in respect of the six months ended 30 June 2013 and that the board has resolved to offer to […]

Circular to NEPI Shareholders

Acceptance of Shares in Terms of the NEPI Share Purchase Scheme

Shareholders are advised of the following information relating to the acceptance of shares (“Scheme Shares”) as offered to directors and officers of NEPI and its major subsidiaries in terms of the rules of The NEPI Share Purchase Scheme (“The Share Purchase Scheme”). The pricing of the Scheme Shares was based on the 30-day volume weighted […]

Issue of Equity and Total Voting Rights

NEPI advises that it has issued a total of 2,329,000 new ordinary shares in the Company (“Scheme Shares”) at a price of EUR4.89 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 […]

Aupark Zilina Acquisition

In addition to a number of other acquisitions disclosed in the Company’s half-yearly report for the six months ended 30 June 2013 and further to the announcement made on 25 April 2013, the Company announces that the Group completed the acquisition of HB Reavis’ 100% interest in the Aupark Shopping Centre in Zilina (“Aupark Zilina”) […]

Unaudited Condensed Consolidated Financial Results for the Six Months Ended 30 June 2013

Update on Investments

Acquisition of an interest in the Mega Mall development in Bucharest Shareholders are advised that NEPI has concluded, via its subsidiaries NE Property Cooperatief U.A. and NEPIOM Limited, a framework agreement with Real Holding Lithium Kft., a Hungarian company, and Real4You Holding GmbH, its Austrian holding company (“Real4You”). In terms of the framework agreement, the […]

Rights Offer – Dealing in Securities

Shareholders are advised that the following directors of NEPI and directors of major subsidiaries of NEPI 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 Optimprops 3 (Proprietary) Limited Name of director Des De Beer, who […]

Results of the Rights Offer

Shareholders are referred to the rights offer to NEPI shareholders which closed on Friday, 19 July 2013 in respect of pre-emptive rights holders registered in Romania and Friday, 26 July 2013 in respect of shareholders on the SA and UK share registers (“the rights offer”). Shareholders are advised that in respect of the 20 833 […]

Dealings 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 Maxtrade Seven (Pty) Ltd Name of director Jeff Zidel who is a 100% shareholder of Maxtrade Seven (Pty) Ltd Transaction date 19 July 2013 Class of securities Letters of allocation (JSE code […]

Dealings in Securities by Associates of Directors and by Directors of Major Subsidiaries of NEPI

As stated in the circular issued to NEPI shareholders on 8 July 2013 relating to a rights offer to NEPI shareholders Mr Jeffrey Zidel intends to follow 31 660 of his total rights. In addition shareholders are advised that Hollyrood Investments (Pty) Limited and Optimprops 3 (Pty) Limited, of which Mr Des de Beer is […]

Statement Regarding Legal Proceedings in Romania

The company has noted the announcement released via the Regulatory News Service of the London Stock Exchange on 9 July 2013 by Argo Real Estate Opportunities Fund Limited, an AIM listed company with a market capitalisation of GBP10 million, (“AREOF”) regarding the commencement of legal proceedings against NEPI and Osterreichische Volksbanken-Aktiengesellschaft (“Volksbank”) in relation to […]

Revised Listing Particulars

Circular to NEPI Shareholders

Availability of Rights Offer Circular and Revised Listing Particulars

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 13 June 2013 and 21 June 2013 in relation to the rights offer by NEPI under the terms of which NEPI shareholders […]

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 […]

Rights Offer Finalisation Announcement

Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE (“SENS”), the Regulatory News Service of the London Stock Exchange and the Bucharest Stock Exchange (“the BVB”) on Thursday, 13 June 2013 in relation to the rights offer by NEPI (“the rights offer”) under the terms of which NEPI […]

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 €100 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. Salient terms of the rights offer […]

Availability of the Unaudited Condensed Consolidated Financial Results for the Three Months Ended 31 March 2013

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 three months ended 31 March 2013 were submitted to the Bucharest Stock Exchange (“BVB”) and to […]

Unaudited Condensed Consolidated Financial Results for the Three Months Ended 31 March 2013

Results of Annual General Meeting

The Company announces that its annual general meeting was held at 10:00 am British Summer Time, on Thursday, 2 May 2013, 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 […]

Update on Investments

As mentioned at the release of the 2012 annual results and in the prospects section of the Directors’ report forming part of the 2012 Annual Report, NEPI continues to explore and pursue further acquisition and development opportunities in Romania and the broader Central Eastern Europe (“CEE”) region. The purpose of this announcement is to advise […]

Financial Effects of the Accelerated Book Build and Total Voting Rights

Shareholders are referred to the results of the book build announcement released on 15 April 2013 in terms of which shareholders were advised that a total of 11 290 323 new shares (“new shares”) would be issued and listed today, 24 April 2013. As the number of new shares issued in terms of the book […]

Closing of Book Build Announcement

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO NEPI has closed its book build. In light of strong demand, the amount of capital to be raised was increased to R700 million. At this level, […]

Accelerated Book Build

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO Subject to pricing acceptable to NEPI, NEPI proposes an equity raise of about R500 million through the issue of new shares under its general authority to […]

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 a director and by 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 8 April 2013 Class of securities Ordinary […]

Results of Dividend and Issue of New Shares Election

Shareholders are referred to the previous announcements in respect the election by shareholders to receive a return of capital by way of an issue of 2.774 new NEPI shares (“new NEPI shares”) for every 100 NEPI shares held on the relevant record date, being Thursday, 28 March 2013 (“return of capital”) or a cash dividend […]

2012 Annual Report

Availability of 2012 Annual Report, No Change Statement and Notice of Annual General Meeting

NEPI shareholders are advised that the Company’s Annual Report for the year ended 31 December 2012 (the “2012 Annual Report”) will be posted today (Wednesday, 27 March 2013) and contains no changes from the condensed consolidated audited financial statements for the year ended 31 December 2012 which were published on the Regulatory News Service of […]

Update in Respect of the Distribution for the Six Months Ended 31 December 2012

NEPI shareholders are referred to the distribution declaration announced on 1 March 2013 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 : ZAR11.93. Accordingly, the cash dividend of 12.05 Euro cents per share will […]

Notice to NEPI Shareholders in Respect of an Election to Receive Either a Cash Dividend or a Return of Capital

Cash Dividend or Return of Capital As announced on 6 February 2013, shareholders are advised that the board of the company has declared a final distribution of 12.05 euro cents per share in respect of the six months ended 31 December 2012 and that the board has resolved to offer to shareholders the election to […]

NEPI Circular and Election Form

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 Debra Anne de Beer Name of director Des de Beer Relationship to director Wife Transaction date 26 February 2013 Class of securities Ordinary shares Number of securities 1 701 Price per security […]

Acquisition of BVB REAL ESTATE S.R.L.

Introduction Shareholders are advised that, on 14 February 2013, NEPI through its subsidiaries NE Property Cooperatief U.A. (“NEPI Coop”) and NEPI Investment Management S.A. (collectively, “the Purchasers”), concluded an agreement to acquire all the shares in and shareholder’s claim against BVB Real Estate from AIG/Lincoln Lakeview S.a.r.l (“AIG/LL” or “the Seller”) and to acquire the […]

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 Kunzkar Trust Name of director Dewald Joubert, who is a trustee and a discretionary beneficiary of the Kunzkar Trust Transaction date 7 February 2013 Class of securities Ordinary shares Number of securities […]

Condensed Consolidated Audited Financial Statements for the Year Ended 31 December 2012

Availability of Condensed Consolidated Audited Financial Statements for the Year Ended 31 December 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 condensed consolidated audited financial statements for the year ended 31 December 2012 were submitted to the Bucharest Stock Exchange (“BVB”) and to the […]

Financial Reporting Schedule

The Company announces its Financial Reporting Schedule for the 2013 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 the year ended 31 December 2012 6 February 2013 […]