Globalworth Real Estate Inv Ltd Director/PDMR Shareholding (8451Z)
December 19 2017 - 11:41AM
UK Regulatory
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
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