Globalworth Real Estate Inv Ltd Exercise of Warrants and Total Voting Rights (8409A)

TIDMGWI

RNS Number : 8409A

Globalworth Real Estate Inv Ltd

03 January 2018

3 January 2018

Globalworth Real Estate Investments Limited (the "Company")

Exercise of Warrants and Total Voting Rights

The Company announces that it has received an exercise notice and subscription funds from a warrantholder in respect of warrants to subscribe for 30,000 Ordinary Shares at a price of EUR 5.00 per share. The Company has therefore now issued and allotted 30,000 new Ordinary Shares and application has been made for 30,000 new Ordinary Shares to be admitted to trading on AIM, which is expected to take place on 9 January 2018.

Following the above share issue, the Company's enlarged issued share capital comprises 132,282,769 ordinary shares with voting rights in the Company, and a further 35,713 ordinary shares held in treasury. The total number of ordinary shares in issue excluding shares held as treasury shares is 132,282,769, 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 Guidance and Transparency Rules as reflected in the Company's articles of incorporation.

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] 

Andrew Potts

Milbourne (Public Relations) Tel: [phone]

Tim Draper

About Globalworth / Note to Editors

Globalworth is an AIM-listed real estate investment company active in Central and Eastern Europe, and has become the leading office investor in the Romanian real estate market. Globalworth acquires, develops and directly manages high-quality office and logistics/light-industrial real estate assets in prime locations, through which it benefits from a strong rental income profile from high quality tenants from around the globe. With approximately 70 professionals managing it, Globalworth's portfolio, as at 30 September 2017, was valued in excess of EUR1 billion, of which 90% is in income-producing assets and over 80% in the office sector.

Globalworth also owns approximately 72% of Griffin Premium R.E.. N.V. ("GPRE"). GPRE is a pure-play Polish real estate platform listed on the Warsaw Stock Exchange that primarily owns high-quality office and mixed-use assets located in Warsaw and across a number of other major Polish cities, notably Wroclaw, Lodz, Krakow, Gdansk and Katowice. Its portfolio comprises six office and three mixed-use (office and retail) properties. For more information on GPRE please refer to http://www.griffin-premium.com/.

This information is provided by RNS

The company news service from the London Stock Exchange

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January 03, 2018 06:05 ET (11:05 GMT)