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 […]