» Issue of Equity for the Rights Offer and Total Voting Rights

Issue of Equity for the Rights Offer and Total Voting Rights

Posted on: 5 December 2011


Shareholders are referred to the rights offer to NEPI shareholders which closed on Monday, 28 November 2011 in respect of pre-emptive rights holders registered in Romania and Friday, 2 December 2011 in respect of shareholders on the SA and UK share registers (“the rights offer”). Shareholders are advised that the rights offer has been oversubscribed and accordingly the maximum number of 14 285 714 NEPI shares available (“new NEPI shares” or “rights offer shares”) have been issued in respect of the rights offer.

Shareholders are advised that a further announcement containing details of the results of the rights offer including the allocation of new NEPI shares amongst shareholders who exercised their rights, shareholders who applied for excess rights offer shares and the underwriter will be released during the course of today, Monday 5 December 2011.

The date of commencement of trading of the new NEPI shares on the JSE Limited was Monday, 28 November 2011 and on the London Stock Exchange and the Bucharest Stock Exchange is Monday, 5 December 2011.

Following the issue of the new NEPI shares, the total issued share capital of the company will increase to 102 783 693 ordinary shares.

Therefore, the total number of voting rights in NEPI is 102 783 693 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, NEPI under the UK Financial Services Authority's Disclosure and Transparency Rules.