Globalworth Real Estate Inv Ltd Director/PDMR Shareholding (3688C)

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RNS Number : 3688C

Globalworth Real Estate Inv Ltd

12 April 2017

12 April 2017

Globalworth Real Estate Investments Limited

Director/PDMR Shareholdings

The Company announces that it has been advised that on 10 April 2017 Ioannis Papalekas, a director of the Company, acquired 1,800 ordinary shares in the Company at a price of EUR7.50 per ordinary share.

The Company has also been advised that on 10 April 2017 Dimitris Raptis, a director of the Company, acquired 1,000 ordinary shares in the Company at a price of EUR7.25 per ordinary share.

Following the above share purchases, Mr Papalekas has an interest in 23,278,901 ordinary shares, equivalent to 25.75 per cent of the issued ordinary share capital and Mr Raptis has an interest in 359,222 ordinary shares, equivalent to 0.40 per cent of the issued ordinary share capital.

The Notification of Dealing Forms provided in accordance with the requirements of MAR in relation to the transactions listed above are 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                                                           n/a 
===  ============================================================  ============================================ 
 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 
                                                                      7.50 euros    1,800 
===  ============================================================  ============================================ 
 d)   Aggregated information                                        Not applicable, single transaction 
       - Aggregated volume 
       - Price 
===  ============================================================  ============================================ 
 e)   Date of the transaction                                       10 April 2017 
===  ============================================================  ============================================ 
 f)   Place of the transaction                                      London Stock Exchange 
===  ============================================================  ============================================ 
 

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                                                         Dimitris Raptis 
===  ===========================================================  ==================================================== 
 2    Reason for the notification 
===  ================================================================================================================= 
 a)   Position/status                                              Deputy Chief Executive and Chief Investment 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                                                          n/a 
===  ===========================================================  ==================================================== 
 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             Ordinary shares of no par value 
      instrument                                                    ISIN: GG00B979FD04 
===  ===========================================================  ==================================================== 
 b)   Nature of the transaction                                    Purchase of ordinary shares 
===  ===========================================================  ==================================================== 
 c)   Price(s) and volume(s)                                        Price         Volume 
                                                                     7.25 euros    1,000 
===  ===========================================================  ==================================================== 
 d)   Aggregated information                                       Not applicable, single transaction 
       - Aggregated volume 
       - Price 
===  ===========================================================  ==================================================== 
 e)   Date of the transaction                                      10 April 2017 
===  ===========================================================  ==================================================== 
 f)   Place of the transaction                                     London Stock Exchange 
===  ===========================================================  ==================================================== 
 

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 CEE and SEE regions with a focus on Romania. The Company is internally managed by c.70 professionals and its portfolio at year end 2016 comprised of 15 high quality real estate investments valued at c.EUR978m, all located in Romania.

This information is provided by RNS

The company news service from the London Stock Exchange

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April 12, 2017 10:43 ET (14:43 GMT)