Rights Offer Finalisation Announcement
Posted on: 12 October 2012
Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE, the Regulatory News Service of the London Stock Exchange and the Bucharest Stock Exchange (“the BVB”) on 5 October 2012 in relation to the rights offer by NEPI (“the rights offer”) under the terms of which NEPI shareholders will be offered a total of 12 345 680 new NEPI shares (“new NEPI shares” or “rights offer shares”) in the ratio of 9.37648 new NEPI shares for every 100 NEPI shares held by them on Friday, 26 October 2012 for shareholders on either the South African share register or the UK share register, at a subscription price per rights offer share of R43.50 for shareholders on the South African share register and €4.05 for shareholders on the UK share register.
Shareholders registered in Romania on Monday, 22 October 2012 will have the right to trade their pre-emptive rights on BVB, being 9.37648 rights for every 100 shares owned at that date, and the holders of pre-emptive rights registered in Romania on Wednesday, 7 November 2012 will have the right to subscribe for new NEPI shares at a subscription price per rights offer share of €4.05.
Shareholders are advised that the rights offer circular has been approved by the JSE, and notified to the Romanian National Securities Commission and that all regulatory approvals have been obtained from the BVB and accordingly the rights offer may now be implemented.
The salient dates and times of the rights offer will be the same as those published in the announcement released on Friday, 5 October 2012 and published in the press in South Africa on Monday, 8 October 2012, save that shareholders who hold shares on the SA share register are advised that the maximum number of rights offer shares will be listed and commence trading on the JSE on Tuesday, 13 November 2012 and not Monday 12 November 2012 as previously indicated. Accordingly, shareholders on the SA share register may not commence trading in the rights offer shares until Tuesday, 13 November 2012.