TIDMGWI

RNS Number : 8451Z

Globalworth Real Estate Inv Ltd

19 December 2017

Globalworth Real Estate Investments Limited

Director/PDMR Shareholding

The Company announces that it has been advised that on 15 December 2017 Ioannis Papalekas, a director of the Company, through Zakiono Enterprises Limited (a company wholly owned by Mr Papalekas), acquired 300,000 ordinary shares in the Company at a price of EUR9.00 per ordinary share and 272,632 ordinary shares in the Company at a price of EUR8.85 per ordinary share.

Following the above share purchase, Mr Papalekas has an interest in 24,214,177 ordinary shares, equivalent to 18.7 per cent of the issued ordinary share capital.

The Notification of Dealing Form provided in accordance with the requirements of MAR in relation to the transaction listed above is set out below:

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
===  ========================================================================================================== 
 a)   Name                                                          Company controlled by Ioannis Papalekas 
===  ============================================================  ============================================ 
 2    Reason for the notification 
===  ========================================================================================================== 
 a)   Position/status                                               Chief Executive Officer 
===  ============================================================  ============================================ 
 b)   Initial notification/Amendment                                Initial Notification 
===  ============================================================  ============================================ 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
===  ========================================================================================================== 
 a)   Name                                                          Globalworth Real Estate Investments Limited 
===  ============================================================  ============================================ 
 b)   LEI                                                           213800R3E823B1UBIA81 
===  ============================================================  ============================================ 
 4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; and (iv) each place where transactions have been 
       conducted 
===  ========================================================================================================== 
 a)   Description of the financial instrument, type of instrument   Ordinary shares of no par value 
                                                                     ISIN: GG00B979FD04 
===  ============================================================  ============================================ 
 b)   Nature of the transaction                                     Purchase of ordinary shares 
===  ============================================================  ============================================ 
 c)   Price(s) and volume(s)                                         Price         Volume 
                                                                      9.00 euros    300,000 
                                                                      8.85 euros    272,632 
===  ============================================================  ============================================ 
 d)   Aggregated information 
       - Aggregated volume                                           572,632 
       - Price                                                        8.929 euros 
===  ============================================================  ============================================ 
 e)   Date of the transaction                                       15 December 2017 
===  ============================================================  ============================================ 
 f)   Place of the transaction                                      London Stock Exchange (XLON) 
===  ============================================================  ============================================ 
 

For further information visit www.globalworth.com or contact:

Enquiries

Andrew Cox

Tel: +44 20 3026 4027

Head of Investor Relations & Corporate Development

Jefferies (Joint Broker) Tel: +44 20 7029 8000

Stuart Klein

   Panmure Gordon (Nominated Adviser and Joint Broker)                         Tel: +44 20 7886 2500 

Andrew Potts

Milbourne (Public Relations) Tel: +44 7903 802545

Tim Draper

About Globalworth / Note to Editors

Globalworth is a real estate investment company active in Central and Eastern Europe, and has become the leading office investor in the Romanian real estate market. Globalworth acquires, develops and directly manages high-quality office and logistics/light-industrial real estate assets in prime locations, through which it benefits from a strong rental income profile from high quality tenants from around the globe. With approximately 70 professionals managing it, Globalworth's portfolio, as at 30 September 2017, was valued in excess of EUR1 billion, of which 90% is in income-producing assets and over 80% in the office sector. Globalworth has a strong and supportive investor base, having been listed on the AIM Market of London Stock Exchange since 2013 and in 2017 issued its debut Eurobond on the Irish and Bucharest stock exchanges.

On 6 December 2017, Globalworth completed its strategic investment in Griffin Premium R.E.. N.V. ("GPRE"), with Globalworth holding a 67.9% shareholding in GPRE. GPRE is a pure-play Polish real estate platform that primarily owns high-quality office and mixed-use assets located in Warsaw and across a number of other key cities, notably Wroclaw, Lodz, Krakow and Katowice. Its portfolio comprises six office and three mixed-use (office and retail) properties, and benefits from a further pipeline of contracted acquisitions. For more information please refer to related regulatory announcements.

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHBLBDDCXBBGRC

(END) Dow Jones Newswires

December 19, 2017 11:41 ET (16:41 GMT)

Globalworth Real Estate ... (LSE:GWI)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Globalworth Real Estate ... Charts.
Globalworth Real Estate ... (LSE:GWI)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Globalworth Real Estate ... Charts.