Shareholders are advised that it is NEPI’s intention to undertake a rights offer (“the rights offer”) to raise approximately EUR40 million. The proceeds from the rights offer are expected to be used to fund potential acquisitions which NEPI is in the process of negotiating (“the potential acquisitions”). If successfully concluded, the negotiations may have a material effect on the price of NEPI’s securities. Accordingly, shareholders of the Company are advised to exercise caution when dealing in NEPI’s securities until a further announcement is made in respect of the rights offer and the potential acquisitions.
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