TIDMGWI

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      Tel: +44 20 7886 2500 
  Adviser and Joint Broker) 
  Andrew Potts 
 Cantor Fitzgerald Europe       Tel: +44 20 7894 7000 
  (Joint Broker) 
  Rick Thompson 
  David Foreman 
 Milbourne (Public Relations)   Tel: +44 7903 802545 
  Tim Draper 
 

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.

This information is provided by RNS

The company news service from the London Stock Exchange

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July 07, 2017 05:55 ET (09:55 GMT)

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