» Notification of Acquisition of Beneficial Interest in Shares - Holding Over 10%

Notification of Acquisition of Beneficial Interest in Shares - Holding Over 10%

Posted on: 23 May 2012

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 NEPI’s issued ordinary share capital

Securities holder identification
Natural person: N/A
Legal person: Fortress Income 2 (Pty) Ltd, Registration number: 2009/005857/07, 3rd Floor, Rivonia Village, Rivonia Boulevard, Rivonia, Republic of South Africa, +27 11 612 7500
Major shareholders of the holder of securities: Fortress Income 2 (Pty) Ltd is a wholly owned subsidiary of Fortress Income Fund Limited which is listed on the Johannesburg Stock Exchange.
Number of shares previously held: 9 700 000 (as at 21 May 2012)
The way in which they have been acquired/alienated: on the company’s set up; trading on the secondary market; public sale offer; public purchase/takeover bid; Authority for the Privatisation and Management of State Ownership; (A.P.A.P.S) contract; other ways: Private placing
Number of shares held after the transaction: 13 000 000 (as at 22 May 2012)
Percentage of share capital which accounts for the shares held after the transaction and the number of votes the issuer holds within the Extraordinary General Shareholders Meeting: 10.53%
Date of transaction: 22 May 2012
Date on which issuer was notified: 22 May 2012
Threshold(s) crossed or reached: 10%