TIDMNEPI

RNS Number : 0848O

New Europe Property Investments PLC

04 February 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")

DIRECTORATE CHANGE

NEPI announces the appointment to the Board of Directors of Mr Robert Reinhardt Emslie as a Non-executive Director, with immediate effect. Mr Emslie will be a member of the Company's Audit Committee and Remuneration Committee.

Mr Emslie is a Chartered Accountant, with more than 30 years' experience in the nancial services sector and property management. He held various positions within the ABSA Group (currently part of Barclays) during a period of 21 years, latterly as Head of ABSA Corporate and Business Bank, Head of ABSA Africa and member of ABSA Group's Executive Committee. Mr Emslie retired in 2009 and currently holds chairmanship and non-executive directorship positions in various private and public companies.

Disclosures under Schedule 2 paragraph (g) of the AIM Rules for Mr Emslie are as follows:

Full name and age: Robert Reinhardt Emslie, age 57

 
 Current Directorships                 Past Directorships 
 ANDB Family Investments CC            Blue Financial Services 
  EEE Family Investments CC             Ltd 
  EJB Family Investments CC             Vunani Property Investment 
  LES Family Investments CC             Fund Ltd 
  ROE Family Investments CC             Retail Africa Wingspan 
  RYE Family Investments CC             Investments (Pty) Ltd 
  TUHF Holdings Ltd                     Witteklip Mall (Pty) Ltd 
  TUHF (Pty) Ltd                        Fountains Regional Mall 
  TUHF Bridge (Pty) Ltd                 (Pty) Ltd 
  Suiderland Development Corporation    SDT Financial Software 
  Ltd                                   Solutions (Pty) Ltd 
  SilverBridge Holdings (Pty) 
  Ltd 
  International Housing Solutions 
  (Pty) Ltd 
  Finbond Group Ltd 
  Finbond Mutual Bank Ltd

There are no further disclosures to be made pursuant to Schedule 2 paragraph (g) of the AIM Rules.

Mr Emslie does not hold any ordinary shares in the Company and is considered to be an Independent Non-executive Director.

4 February 2016

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/Katy Birkin           +44 20 7131 4000 
----------------------------------  ----------------- 
 
 
 JSE sponsor 
 Java Capital                   +27 11 722 3050 
-----------------------------  ---------------- 
 
 BVB advisor 
 SSIF Intercapital Invest SA 
 Razvan Pasol                   +40 21 222 8731 
-----------------------------  ----------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 04, 2016 06:00 ET (11:00 GMT)

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