TIDMGWI
RNS Number : 2247N
Globalworth Real Estate Inv Ltd
28 September 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
FOR IMMEDIATE RELEASE
28 September 2021
Globalworth Real Estate Investments Limited
("Globalworth" or the "Company")
Results of AGM and Board Reappointments
Results of Annual General Meeting
The Board of Directors of the Company is pleased to announce
that, at the annual general meeting of the Company held on Tuesday
28 September 2021, all the resolutions relating to both the
ordinary business and the special business were duly passed by
shareholders. Votes were as follows:
1. IT WAS RESOLVED that the Company's annual report and
audited financial statements for the year ended 31 December
2020, together with the directors' and auditor's reports
thereon, be received and adopted.
(191,206,846 votes cast, all in favour, none against and
none withheld).
2. IT WAS RESOLVED that Ernst & Young Cyprus Limited be
re-appointed as auditor of the Company.
(191,206,846 votes cast, all in favour, none against and
none withheld).
3. IT WAS RESOLVED that the Directors be authorised to agree
the auditor's remuneration.
( 191,206,846 votes cast, all in favour, none against
and none withheld).
4. IT WAS RESOLVED that Mr David Maimon be re-appointed
as a director.
(191,206,846 votes cast, 190,523,761 in favour, 683,085
against and none withheld ).
5. IT WAS RESOLVED that in replacement of all previous authorities,
the Company be authorised, in accordance with section
315(1)(a) of The Companies (Guernsey) Law, 2008, as amended
(the "Law"), to make market acquisitions (within the meaning
of section 316 of the Law) of ordinary shares in the capital
of the Company on the terms set out in the notice of the
AGM.
( 191,206,846 votes cast, all in favour, none against
and none withheld).
6. IT WAS RESOLVED that the Directors be authorised to exercise
an Acquisition Share Authority in respect of 16,619,173
Shares on the terms set out in the notice of the AGM.
(191,206,846 votes cast, all in favour, none against and
none withheld ).
7. IT WAS RESOLVED that the Directors be authorised to issue
up to 147,725,979 Shares on the terms set out in the notice
of the AGM.
( 191,206,846 votes cast, all in favour, none against
and none withheld ).
8. IT WAS RESOLVED that the provisions relating to pre-emption
rights enshrined in Article 5 of the Articles be disapplied
in respect of up to 16,619,173 Shares, provided that this
authority shall be limited by the terms set out in the
notice of the AGM.
( 191,206,846 votes cast, 190,523,761 in favour, 683,085
against and none withheld ).
Board Reappointments
As previously announced, Resolutions regarding the annual
re-elections of Geoff Miller, John Whittle and Andreea Petreanu
were not included in this year's Notice of AGM. Instead,
immediately following the AGM, they have been re-appointed by the
Board 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.
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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END
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