New Europe Property Investments PLC Disclosure of Substantial Interests in Shares (2690S)

TIDMNEPI

RNS Number : 2690S

New Europe Property Investments PLC

16 March 2016

NEW EUROPE PROPERTY INVESTMENTS PLC

Incorporated and registered in the Isle of Man with registered number 001211V

Registered as an external company with limited liability under the laws of South Africa, registration number 2009/000025/10

   AIM share code: NEPI    JSE share code: NEP    BVB share code: NEP 
   ISIN:   IM00B23XCH02

("NEPI" or "the Company")

DISCLOSURE OF SUBSTANTIAL INTERESTS IN SHARES

The Company announces that Fortress Property Income Fund Limited ("Fortress") confirmed on 15 March 2016 that, following its acquisition of the issued shares of Capital Property Fund Limited, Fortress controls through wholly-owned subsidiaries an aggregate of 51,800,000 shares constituting 17.35% of NEPI's issued share capital.

For further information please contact:

 
 New Europe Property Investments 
  plc 
 Mirela Covasa                       +40 21 232 1398 
----------------------------------  ----------------- 
 
 AIM Nominated Advisor and Broker 
 Smith & Williamson Corporate 
  Finance Limited 
 Azhic Basirov                       +44 20 7131 4000 
----------------------------------  ----------------- 
 
 JSE sponsor 
 Java Capital                        +27 11 722 3050 
----------------------------------  ----------------- 
 
 BVB advisor 
 SSIF Intercapital Invest SA 
 Razvan Pasol                        +40 21 222 8731 
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16 March 2016

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 16, 2016 05:00 ET (09:00 GMT)

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