Closing of Book Build Announcement
Posted on: 15 April 2013
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO
NEPI has closed its book build. In light of strong demand, the amount of capital to be raised was increased to R700 million. At this level, the book was heavily oversubscribed. The new NEPI shares to be issued pursuant to the book build process have been priced at R62.00 per share. The book build was not open to investors in Romania.
A total of 11 290 323 new NEPI shares are expected to be issued and list on Wednesday, 24 April 2013. As the number of NEPI shares to be issued in terms of the bookbuild is in excess of 5% of the number of NEPI in issue prior to the bookbuild, in terms of the JSE Listings Requirements, a further announcement will be made setting out the pro forma financial effects of the book build.