GWI Globalworth Real Estate Investments Limited

TIDMGWI

RNS Number : 3337L

Globalworth Real Estate Inv Ltd

10 September 2021

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

FOR IMMEDIATE RELEASE

10 September 2021

Globalworth Real Estate Investments Limited

("Globalworth" or the "Company")

Notice of AGM and Board Update

Globalworth announces that the following documents are available on the Company's website at www.globalworth.com/investor-relations/key-corporate-documents :

   --    Letter to Shareholders dated 10 September 2021 
   --    Notice of AGM dated 10 September 2021 

The Resolutions regarding the annual re-elections of Geoff Miller, John Whittle and Andreea Petreanu are not included in this year's Notice of AGM, and instead it is expected that they will be re-appointed by the Board following the AGM as directors for an interim period, pending confirmation of anticipated changes to Globalworth's Board in order to reflect the Consortium's (CPI Property Group S.A. and Aroundtown SA through their indirect ownership of Zakiono) majority shareholding in Globalworth. Further information regarding the long-term composition of the Board will be provided in due course.

The Letter and the Notice of AGM should be read in full before taking a decision. This notification is not a summary of the Letter and the Notice of AGM, and should not be regarded as a substitute for reading them.

The Board of Globalworth is pleased to provide formal notice of the Company's AGM, which is set out in the Notice of AGM, and which is to be held at the Company's registered office address located at Anson Court, La Route des Camps, St Martin, Guernsey GY4 6AD at 10.00 a.m. on 28 September 2021.

As at the date of this notification, there are still some restrictions on persons arriving into the Bailiwick of Guernsey. However, restrictions within the Bailiwick of Guernsey have been eased, permitting gatherings to take place. Please read the Letter and Notice of AGM for full details. The Directors of the Company will continue to consider the latest instructions from relevant authorities in conjunction with guidance available from professional and regulatory bodies to ensure the AGM is held in accordance with its statutory requirements and with the Company's articles of incorporation. In light of the travel restrictions in place, shareholders are strongly encouraged to participate by casting their votes in advance by appointing the chairman of the AGM as their proxy. Shareholders are also encouraged to use the online voting facilities, rather than requesting a paper proxy card. If this situation changes or if plans have to be revised before the date of the AGM, a further announcement will be made via RNS and details made available on the Company's website at www.globalworth.com .

For further information visit www.globalworth.com or contact:

Enquiries

 
 Stamatis Sapkas                               Tel: +40 732 800 
  Deputy Chief Investment Officer               000 
 Jefferies (Joint Broker)                      Tel: +44 20 7029 
  Stuart Klein                                  8000 
 Panmure Gordon (Nominated Adviser and Joint   Tel: +44 20 7886 
  Broker)                                       2500 
  Alina Vaskina 
 

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 Poland and Romania. Globalworth acquires, develops and directly manages high-quality office and industrial real estate assets in prime locations, generating rental income from high quality tenants from around the globe. Managed by over 230 professionals across Cyprus, Guernsey, Poland and Romania, a combined value of its portfolio is EUR3.1 billion, as at 30 June 2021. Approximately 95.1% of the portfolio is in income-producing assets, predominately in the office sector, and leased to a diversified array of over 650 national and multinational corporates. In Poland Globalworth is present in Warsaw, Wroclaw, Lodz, Krakow, Gdansk and Katowice, while in Romania its assets span Bucharest, Timisoara, Constanta and Pitesti. For more information, please visit www.globalworth.com and follow us on Facebook, Instagram and LinkedIn.

IMPORTANT NOTICE : This announcement has been prepared for the purposes of complying with the applicable laws and regulations of the United Kingdom and the information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws and regulations of any jurisdiction outside of the United Kingdom. This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "targets", "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward looking statements include all matters that are not historical facts and involve predictions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect the Company's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Company's business, results of operations, financial position, liquidity, prospects, growth or strategies and the industry in which it operates. Forward-looking statements speak only as of the date they are made and cannot be relied upon as a guide to future performance. Save as required by law or regulation, the Company disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements in this announcement that may occur due to any change in its expectations or to reflect events or circumstances after the date of this announcement.

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