Purchase of own shares for employee award plan

RNS Number : 4536K

Globalworth Real Estate Inv Ltd

07 July 2017

 

Globalworth Real Estate Investments Limited

Purchase of own shares for employee share award plan

Guernsey 7 July 2017: Globalworth Real Estate Investments Ltd. (AIM: GWI) ("Globalworth" or the "Company") announces that yesterday, 6 July 2017, it purchased 56,623 ordinary shares of no par value in the Company at 7.55 euros per share.  All of the shares purchased will be held by the Company in treasury and will be utilised to satisfy awards made under the share award plan in place for employees of the Company's subsidiaries.

Following the above purchase, the Company holds 56,623 ordinary shares in treasury. The total number of ordinary shares in issue excluding shares held as treasury shares is 90,546,743, and this is the total number of the voting rights in the Company which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change in the interest, in the share capital of the Company under Chapter 5 of the FCA's Disclosure and Transparency Rules as reflected in the Company's articles of incorporation.

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

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 983.3 million at 31 March 2017, all located in Romania.

 

END

 

 

POSGCGDRUUGBGRR