Director/PDMR Shareholding

RNS Number : 6255T

Globalworth Real Estate Inv Ltd

16 October 2017

 

Globalworth Real Estate Investments Limited

Director/PDMR Shareholding

The Company announces that it has been advised that on 13 October 2017 John Whittle, a non-executive director of the Company, acquired 2,900 ordinary shares in the Company, for his RAT (Retirement Annuity Trust), at a price of €7.60 per ordinary share.

Following the above share purchase, Mr Whittle has an interest in 11,900 ordinary shares, equivalent to 0.013 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	John Whittle
2	Reason for the notification
a)	Position/status	Non-Executive Director
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 7.60 euros 2,900
d)	Aggregated information - Aggregated volume - Price	Not applicable, single transaction
e)	Date of the transaction	13 October 2017
f)	Place of the transaction	London Stock Exchange

Enquiries:

Andrew Cox Head of Investor Relations & Corporate Development	Tel: [phone]
Panmure Gordon (Nominated Adviser and Joint Broker) Andrew Potts	Tel: [phone]
Jefferies (Joint Broker)            Stuart Klein	Tel: [phone]
Milbourne (Public Relations)  Tim Draper	Tel: [phone]

About Globalworth

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 its portfolio which, as a 30 June 2017, was valued in excess of €1bn, 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.

 

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