Globalworth Real Estate Inv Ltd Director/PDMR Shareholding (5415Z)
16 December 2017 - 1:30AM
UK Regulatory
TIDMGWI
RNS Number : 5415Z
Globalworth Real Estate Inv Ltd
15 December 2017
Globalworth Real Estate Investments Limited
Director/PDMR Shareholdings
Pursuant to the announcement on 21 April 2017, the Company
confirms the release by Globalworth Investment Advisers Limited
("GIAL"), its subsidiary, of the second tranche of 68,806 Ordinary
Shares to Directors and certain other preference shareholders of
GIAL, comprising one third of the Ordinary Shares that were
allotted to GIAL in part settlement of the Variable Annual Fee due
to GIAL by the Company for the year ended 31 December 2016.
The Ordinary Shares have been allocated in the following
proportions:
Ioannis Papalekas Founder and Chief Executive 47,222 Ordinary
Officer Shares
Dimitris Raptis Deputy CEO and Chief 11,806 Ordinary
Investment Officer Shares
Other GIAL - 9,778 Ordinary
preference Shares
shareholders
All of the above 68,806 Ordinary Shares are subject to a 12
month lock up period.
Following the above transactions, Mr Papalekas holds a
beneficial interest in 23,641,545 Ordinary Shares, equivalent to
18.3 per cent of the issued Ordinary Share capital.
Mr Raptis holds a beneficial interest in 447,834 Ordinary
Shares, equivalent to 0.3 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) Names Ioannis Papalekas
--- ------------------------ -------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------
a) Position/status Chief Executive Officer
--- ------------------------ -------------------------------------
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 Ordinary Shares of no par value
the financial
instrument, type
of instrument
--- ------------------------ -------------------------------------
b) Identification GG00B979FD04
code
--- ------------------------ -------------------------------------
c) Nature of the Allotment of shares
transaction
--- ------------------------ -------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
EUR8.00 47,222
--------- ----------
--- ------------------------ -------------------------------------
d) Aggregated information
- Aggregated Not applicable, single transaction
volume
- Price
--- ------------------------ -------------------------------------
e) Date of the transaction 15 December 2017
--- ------------------------ -------------------------------------
f) Place of the Outside a trading venue - Guernsey
transaction
--- ------------------------ -------------------------------------
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) Names Dimitris Raptis
--- ------------------------ -------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------
a) Position/status Deputy CEO and Chief Investment
Officer
--- ------------------------ -------------------------------------
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 Ordinary Shares of no par
the financial value
instrument, type
of instrument
--- ------------------------ -------------------------------------
b) Identification GG00B979FD04
code
--- ------------------------ -------------------------------------
c) Nature of the Allotment of shares
transaction
--- ------------------------ -------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
EUR8.00 11,806
--------- ----------
--- ------------------------ -------------------------------------
d) Aggregated information
- Aggregated Not applicable, single transaction
volume
- Price
--- ------------------------ -------------------------------------
e) Date of the transaction 15 December 2017
--- ------------------------ -------------------------------------
f) Place of the Outside a trading venue -
transaction Guernsey
--- ------------------------ -------------------------------------
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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