Director/PDMR Shareholding

RNS Number : 3688C

Globalworth Real Estate Inv Ltd

12 April 2017

 

12 April 2017

Globalworth Real Estate Investments Limited

Director/PDMR Shareholdings

The Company announces that it has been advised that on 10 April 2017 Ioannis Papalekas, a director of the Company, acquired 1,800 ordinary shares in the Company at a price of €7.50 per ordinary share.

The Company has also been advised that on 10 April 2017 Dimitris Raptis, a director of the Company, acquired 1,000 ordinary shares in the Company at a price of €7.25 per ordinary share.

Following the above share purchases, Mr Papalekas has an interest in 23,278,901 ordinary shares, equivalent to 25.75 per cent of the issued ordinary share capital and Mr Raptis has an interest in 359,222 ordinary shares, equivalent to 0.40 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 transactions 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	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	n/a
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 7.50 euros 1,800
d)	Aggregated information - Aggregated volume - Price	Not applicable, single transaction
e)	Date of the transaction	10 April 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	n/a
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 7.25 euros 1,000
d)	Aggregated information - Aggregated volume - Price	Not applicable, single transaction
e)	Date of the transaction	10 April 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 CEE and SEE regions with a focus on Romania. The Company is internally managed by c.70 professionals and its portfolio at year end 2016 comprised of 15 high quality real estate investments valued at c.€978m, all located in Romania.

 

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