Director/PDMR Shareholding

RNS Number : 6624I

Globalworth Real Estate Inv Ltd

21 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 Shareholding

Globalworth Real Estate Investments Limited (the "Company") announces that it has been advised that on 20 June 2017, Ioannis Papalekas, a director of the Company, acquired 50,000 ordinary shares of no par value ("Ordinary Shares") in the Company, 25,000 Ordinary Shares at Euro 7.744 per share and 25,000 Ordinary Shares at Euro 7.90 per share.

Following the above share purchase, Mr Papalekas has an interest in 23,574,323 Ordinary Shares, equivalent to 26.02 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	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 7.744 euros 25,000 7.90 euros 25,000
d)	Aggregated information	7.822 euros 50,000
e)	Date of the transaction	19 June 2017
f)	Place of the transaction	London Stock Exchange (XLON)

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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