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.
12 July 2018
Globalworth Real Estate Investments Limited (the "Company" or "Globalworth")
Director Shareholding
The Company announces that on 10 July 2018 AYRAD Investments Limited, a company which is 100% owned by Eli Alroy, a non-executive director of the Company, transferred 60,000 ordinary shares of no par value each ("Ordinary Shares") into the name of Mr Alroy. This transfer resulted in no change to the beneficial ownership by Mr Alroy of the Ordinary Shares and he continues (directly and, indirectly, via AYRAD Investments Limited) to have an interest in 698,814 Ordinary Shares.
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
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Details of the person discharging managerial responsibilities / person closely associated |
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a)
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Name |
Eli Alroy |
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2
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Reason for the notification |
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a)
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Position/status
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Director |
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b)
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Initial notification /Amendment
|
Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a)
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Name
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Globalworth Real Estate Investments Limited |
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b)
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LEI |
213800R3E823B1UBIA81 |
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4
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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 |
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a)
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Description of the financial instrument, type of instrument
|
Ordinary Shares of no par value |
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b) |
Identification code
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GG00B979FD04 |
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c)
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Nature of the transaction
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Transfer of shares from AYRAD Investments Limited (PCA) to PDMR
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d)
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Price(s) and volume(s) |
|
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d)
|
Aggregated information - Aggregated volume - Price |
Not applicable, single transaction |
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e)
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Date of the transaction |
10 July 2018 |
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f)
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Place of the transaction |
Outside a trading venue |
For further information visit www.globalworth.com or contact:
Enquiries
Andrew Cox Tel: +44 20 3026 4027
Head of Investor Relations & Corporate Development
Jefferies (Joint Broker) Tel: +44 20 7029 8000
Stuart Klein
Panmure Gordon (Nominated Adviser and Joint Broker) Tel: +44 20 7886 2500
Andrew Potts
Milbourne (Public Relations) Tel: +44 7903 802545
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 has a majority 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 approximately 110 professionals across Romania and Poland, the combined value of its portfolio is currently approximately €2 billion. Over 90% of this is in income-producing assets, predominately in the office sector, and leased to some 440 national and multinational corporates from 28 countries and 37 different sectors. 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.