NEPI Historical Announcement

Accelerated Book Build

8 April 2014

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 ZAR860 million (equivalent to approximately EUR60 million) through the issue of new ordinary shares (the “equity raise”). The equity raise is subject to pricing acceptable to NEPI and the new shares will be issued under NEPI’s general authority to issue shares for cash, as approved by shareholders at the annual general meeting of the Company held on Thursday, 2 May 2013.
The proceeds of the equity raise will be used to partially fund the Company’s future development pipeline and potential acquisition opportunities within Romania and the broader Central Eastern Europe region.
The equity raise will be offered to qualifying investors through an accelerated book build process (the “book build”), and only public investors (as defined under paragraphs 4.25 – 4.26 of the JSE Listings Requirements) will be eligible to participate, subject to a minimum application of ZAR1 million per investor.
The book build opens at 09h00 (South African time) on Tuesday, 8 April 2014 and the Company reserves the right to close it at any time thereafter. Pricing and allocations will be announced as soon as practical following the closing of the book build.
Java Capital is acting as the sole bookrunner.

This website uses only technical/strictly necessary cookies, which are essential for the correct functioning of the website. Technical cookies cannot be disabled using the site functions. You can change cookies settings by the means of your internet browser. By continuing to navigate on our website, you accept usage of cookies according to our Cookies Policy. Information about how we process personal data through this website is available in our General Privacy Policy.