Director/PDMR Shareholding

RNS Number : 3663I

Globalworth Real Estate Inv Ltd

16 June 2017

 

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this information is considered to be in the public domain

Globalworth Real Estate Investments Limited

Director/PDMR Shareholdings

Globalworth Real Estate Investments Limited (the "Company") announces that it has been advised that on 15 June 2017, Iannis Papalekas, a director of the Company, acquired 50,000 ordinary shares of no par value ("Ordinary Shares") in the Company at a price of €7.625 per Ordinary Share.

The Company has also been advised that on 15 June 2017, Dimitris Raptis, a director of the Company, acquired 50,000 Ordinary Shares at a price of €7.625 per Ordinary Share.

Following the above share purchases, Mr Papalekas has an interest in 23,474,323 Ordinary Shares, equivalent to 25.91 per cent. of the issued ordinary share capital  of the Company and Mr Raptis has an interest in 436,028 Ordinary Shares, equivalent to 0.48 per cent. of the issued Ordinary Share capital.

The Notification of Dealing Forms provided in accordance with the requirements of MAR in relation to the transaction listed above are 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	Iannis 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 7.625 euros 50,000
d)	Aggregated information - Aggregated volume - Price	Not applicable, single transaction
e)	Date of the transaction	15 June 2017
f)	Place of the transaction	London Stock Exchange

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	Dimitris Raptis
2	Reason for the notification
a)	Position/status	Deputy Chief Executive and Chief Investment 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 7.625 euros 50,000
d)	Aggregated information - Aggregated volume - Price	Not applicable, single transaction
e)	Date of the transaction	15 June 2017
f)	Place of the transaction	London Stock Exchange

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

Globalworth Real Estate Investments Limited

Dimitris Raptis

Tel: [phone]

Panmure Gordon (Nominated Adviser and Joint Broker)

Andrew Potts

Tel: [phone]

Cantor Fitzgerald Europe (Joint Broker)      

Rick Thompson

David Foreman

Tel: [phone]

Milbourne (Public Relations)

Tim Draper      Tel: [phone]

About Globalworth

Globalworth is a real estate investment company active in the SEE and CEE regions with a prime focus on Romania. The Company is internally managed by c.70 professionals and its portfolio comprises high quality real estate investments valued at c. Euro 977.5 million at 31 December 2016, all located in Romania.

 

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