Director/PDMR Shareholding

RNS Number : 8471T

Globalworth Real Estate Inv Ltd

17 October 2017

 

Globalworth Real Estate Investments Limited

Director/PDMR Shareholding

Globalworth Real Estate Investments Limited (the "Company") announces that it has been advised today that on 16 October 2017 the trustees of PH Fechter Family Trust, of which Peter Fechter (a non-executive director of the Company) is the non-beneficial founder, acquired 10,000 ordinary shares of no par value ("Ordinary Shares") in the Company at Euro 7.70 per share. 

Following the above share purchase, Mr Fechter has an indirect interest in 60,000 Ordinary Shares, equivalent to 0.07 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	PH Fechter Family Trust
2	Reason for the notification
a)	Position/status	Person closely associated with Peter Fechter, 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 7.70 euros 10,000
d)	Aggregated information	Not applicable, single transaction
e)	Date of the transaction	16 October 2017
f)	Place of the transaction	London Stock Exchange (XLON)

Enquiries:

Andrew Cox       Tel: [phone]

Head of Investor Relations & Corporate Development  

Panmure Gordon (Nominated Adviser and Joint Broker)              Tel: [phone]

Andrew Potts

Jefferies (Joint Broker) Tel: [phone]

Stuart Klein

Milbourne (Public Relations)     Tel: [phone]

Tim Draper

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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