Globalworth Real Estate Inv Ltd Significant Shareholdings and Director's Dealing (2952Z)
14 December 2017 - 5:33AM
UK Regulatory
TIDMGWI
RNS Number : 2952Z
Globalworth Real Estate Inv Ltd
13 December 2017
Globalworth Real Estate Investments Limited
("Globalworth" or the "Company")
Significant Shareholdings and Director's Dealing
Following the Company's recent successful Placing, which raised
gross proceeds of EUR340 million, the Company announces the
following significant shareholdings in the Company:
Percentage
Shareholder Shares Held Shareholding
Growthpoint Properties
International Ltd 36,871,429 28.5%
Ioannis Papalekas 23,594,323 18.2%
York Capital* 20,335,697 15.7%
Oak Hill Advisors** 13,026,717 10.1%
* York Global Finance Offshore BDH (Luxembourg) S.á.r.l.
** Certain funds and/or accounts managed by Oak Hill
Advisors
In addition, Norbert Sasse, a non-executive director of the
Company, acquired 114,286 ordinary shares in the Company in the
Placing. Following this share acquisition, Mr Sasse has an interest
in 114,286 ordinary shares, equivalent to 0.1 per cent of the
issued ordinary share capital.
The Notification of Dealing Form provided in accordance with the
requirements of MAR in relation to the transaction listed above is
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 Norbert Sasse
=== ============================================================ ============================================
2 Reason for the notification
=== ==========================================================================================================
a) Position/status Non Executive Director
=== ============================================================ ============================================
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 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 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
8.75 euros 114,286
=== ============================================================ ============================================
d) Aggregated information Not applicable, single transaction
- Aggregated volume
- Price
=== ============================================================ ============================================
e) Date of the transaction 12 December 2017
=== ============================================================ ============================================
f) Place of the transaction London Stock Exchange (XLON)
=== ============================================================ ============================================
Enquiries
Andrew Cox Tel: +44 20 3026 4027
Head of Investor Relations & Corporate Development
Jefferies (Joint Broker) Tel: +44 20 7029 8000
Stuart Klein
Panmure Gordon (Nominated Adviser and Joint Broker) Tel: +44 20
7886 2500
Andrew Potts
Milbourne (Public Relations) Tel: +44 7903 802545
Tim Draper
About Globalworth / Note to Editors
Globalworth is a 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 has a strong and supportive investor base, having been
listed on the AIM Market of London Stock Exchange since 2013 and in
2017 issued its debut Eurobond on the Irish and Bucharest stock
exchanges.
On 6 December 2017, Globalworth completed its strategic
investment in Griffin Premium R.E.. N.V. ("GPRE"), with Globalworth
holding a 67.9% shareholding in GPRE. GPRE is a pure-play Polish
real estate platform that primarily owns high-quality office and
mixed-use assets located in Warsaw and across a number of other key
cities, notably Wroclaw, Lodz, Krakow and Katowice. Its portfolio
comprises six office and three mixed-use (office and retail)
properties, and benefits from a further pipeline of contracted
acquisitions. For more information please refer to related
regulatory announcements.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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