Globalworth Real Estate Inv Ltd Director/PDMR Shareholding (2720W)

TIDMGWI

RNS Number : 2720W

Globalworth Real Estate Inv Ltd

16 April 2019

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.

16 April 2019

Globalworth Real Estate Investments Limited

("Globalworth" or the "Company")

Director Shareholding

The Company announces that, following the successful completion of the placing of new shares and the GPRE Share Exchange, as announced on 10 April 2019, Eli Alroy, a non-executive director of the Company, now holds (directly and, indirectly, via AYRAD Investments Limited) an interest in 1,000,000 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:

 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Name                        Eli Alroy 
      --------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------ 
 a)    Position/status             Director 
      --------------------------  -------------------------------------------- 
 b)    Initial notification        Initial Notification 
        /Amendment 
      --------------------------  -------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------ 
 a)    Name                        Globalworth Real Estate Investments Limited 
      --------------------------  -------------------------------------------- 
 b)    LEI                         213800R3E823B1UBIA81 
      --------------------------  -------------------------------------------- 
 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          Ordinary Shares of no par value 
        financial instrument, 
        type of instrument 
      --------------------------  -------------------------------------------- 
 b)    Identification code         GG00B979FD04 
      --------------------------  -------------------------------------------- 
 c)    Nature of the transaction   Acquisition of shares pursuant to the 
                                    placing of new Ordinary Shares 
      --------------------------  -------------------------------------------- 
 d)    Price(s) and volume(s)       Price(s)   Volume(s)   Total 
 
                                      EUR9.10   301,186     EUR2,740,793 
                                               ----------  ------------- 
      --------------------------  -------------------------------------------- 
 d)    Aggregated information 
        - Aggregated volume          Not applicable, single transaction 
        - Price 
      --------------------------  -------------------------------------------- 
 e)    Date of the transaction     12 April 2019 
      --------------------------  -------------------------------------------- 
 f)    Place of the transaction    London Stock Exchange (XLON) 
      --------------------------  -------------------------------------------- 
 

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]

Alina Vaskina/Justin Gulston

Milbourne (Public Relations) Tel: [phone]

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 nearly 200 professionals across Romania and Poland, the combined value of its portfolio is EUR2.5 billion, as at 31 December 2018. Over 90% of the portfolio is in income-producing assets, predominately in the office sector, and leased to a diversified array of some 650 national and multinational corporates. 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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April 16, 2019 02:01 ET (06:01 GMT)