» Dealing in Securities

Dealing in Securities

Posted on: 9 December 2010


It was stated in the circular issued to NEPI shareholders on 29 November 2010 relating to a rights offer to NEPI shareholders of a total of 15 000 000 new NEPI shares at an issue price of R26.00 per share for shareholders on the SA share register or EUR2.67 per share for shareholders on the UK share register, that Mr Slabbert and Mr Semionov intended to follow 225 900 and 7 500 of their total rights, respectively. Shareholders are advised that Mr Slabbert and Mr Semionov intend following 59 091 and 15 950 additional rights, respectively, and in order to finance their additional take up have sold a portion of their total rights as set out below.

Shareholders are advised of the following information, relating to the dealing in securities by directors of NEPI:

Name of directorMartin Slabbert, who has an indirect beneficial interest in Slabbert Family Limited, the entity which entered into the transactions
Class of securitiesNEPN
Transaction date7 December 2010
Volume weighted average price per securityR2.0310
Highest price for the day per securityR3.99
Lowest price for the day per securityR2.00
Number of securities602 932
Total valueR1 224 554.89
Transaction date8 December 2010
Volume weighted average price per securityR2.0938
Highest price for the day per securityR2.99
Lowest price for the day per securityR2.07
Number of securities152 068
Total valueR318 399.98
Nature of transactionsOpen market sale of rights on the JSE
Nature and extent of director's interestIndirect beneficial
Name of directorVictor Semionov, who is a shareholder of Focus CEE Investments Limited, the entity which entered into the transactions
Class of securitiesNEPN
Transaction date7 December 2010
Volume weighted average price per securityR2.0310
Highest price for the day per securityR3.99
Lowest price for the day per securityR2.00
Number of securities162 911
Total valueR330 872.24
Transaction date8 December 2010
Volume weighted average price per securityR2.0938
Highest price for the day per securityR2.99
Lowest price for the day per securityR2.07
Number of securities41 089
Total valueR86 032.15
Nature of transactionsOpen market sale of rights on the JSE
Nature and extent of director's interestIndirect beneficial

Clearance to deal was received as required in terms of the JSE's Listings Requirements.