EGM results

RNS Number : 4359P

Globalworth Real Estate Inv Ltd

31 August 2017

 

Globalworth Real Estate Investments Limited

EGM Results

Globalworth Real Estate Investments Limited (the "Company") is pleased to announce that the resolutions (the "Resolutions") proposed at the Extraordinary General Meeting held today were duly passed. 

In summary, the Resolutions were to authorise the Board, as permitted by and in accordance with the Articles, to exercise the powers of the Company to issue, grant options to subscribe for, or to convert any securities into, shares in the Company and to authorise the Board to be able to offer Shareholders the opportunity to elect to receive scrip dividends in the form of Shares instead of a cash dividend.

Further details of the Resolutions were set out in the circular to shareholders dated 31 July 2017.

Details of the proxies from shareholders in respect of the Resolutions are set out below:

Resolution	For		Against		Withheld
	Number	%	Number	%	Number	%
1: ORDINARY RESOLUTION: General authority to issue Shares	80,330,501	98.13	1,528,224	1.87	0	0
2: SPECIAL RESOLUTION: Disapplication of general pre-emption rights	80,609,112	98.47	1,249,613	1.53	0	0
3: ORDINARY RESOLUTION: Approval of Scrip Dividend Authority	81,858,725	100	0		0	0

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]

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 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.€1.0 billion at 30 June 2017, all located in Romania.

 

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