Director/PDMR Shareholding

RNS Number : 3931C

Globalworth Real Estate Inv Ltd

17 June 2019

 

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.

17 June 2019

Globalworth Real Estate Investments Limited (the "Company" or "Globalworth")

Director Shareholding

The Company announces that on 14 June 2019 AYRAD Investments Limited, a company which is 100% owned by Eli Alroy, a non-executive director of the Company, acquired 100,000 ordinary shares of no par value each in the Company ("Ordinary Shares") at a price of €9.1091 per Ordinary Share.

Following this acquisition, the beneficial ownership of Mr Alroy in Ordinary Shares (directly and, indirectly, via AYRAD Investments Limited) is 1,100,000 Ordinary Shares, equivalent to 0.58 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:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Eli Alroy
2	Reason for the notification
a)	Position/status	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)	Legal Entity Identifier Code	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
b)	Identification code	GG00B979FD04
c)	Nature of the transaction	Acquisition of Ordinary Shares by AYRAD Investments Limited (PCA of Eli Aroy)
d)	Price(s) and volume(s)	Price(s) Volume(s) €9.1091 100,000
d)	Aggregated information  - Aggregated volume - Price	Not applicable, single transaction
e)	Date of the transaction	14 June 2019
f)	Place of the transaction	London Stock Exchange (XLON)

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

Enquiries

Andrew Cox                                                                                                                 Tel: [phone]

Head of Investor Relations & Corporate Development  

Jefferies (Joint Broker)                                                                                               Tel: [phone]

Stuart Klein

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

Alina Vaskina/Justin Gulston

Milbourne (Public Relations)                                                                                    Tel: [phone]

Tim Draper

About Globalworth / Note to Editors: 

Globalworth is a listed real estate company active in Central and Eastern Europe, quoted on the AIM-segment of the London Stock Exchange.  It has become the pre-eminent office investor in the CEE real estate market through its market-leading positions both in Romania and in Poland, where the Company currently has a 99.6% shareholding in Globalworth Poland, a pure-play Polish real estate platform listed on the Warsaw Stock Exchange.  Globalworth acquires, develops and directly manages high-quality office and logistics/light-industrial real estate assets in prime locations, generating rental income from high quality tenants from around the globe. Managed by nearly 200 professionals across Romania and Poland, the combined value of its portfolio is over €2.5 billion, as at 31 December 2018 and proforma for subsequent acquisitions. Over 90% of the portfolio is in income-producing assets, predominately in the office sector, and leased to a diversified array of some 650 national and multinational corporates. In Romania, Globalworth is present in Bucharest, Timisoara and Pitesti, while in Poland its assets span Warsaw, Wroclaw, Lodz, Krakow, Gdansk and Katowice. For more information, please visit www.globalworth.com  and follow us on Facebook, Instagram and LinkedIn.

 

END

 

 

DSHBIGDLXXBBGCL