Globalworth Real Estate Inv Ltd Scrip Dividend Share Reference Price (3776M)
14 September 2023 - 4:00PM
UK Regulatory
TIDMGWI
RNS Number : 3776M
Globalworth Real Estate Inv Ltd
14 September 2023
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION
WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF
SUCH JURISDICTION. THE INFORMATION CONTAINED HEREIN DOES NOT
CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION.
FOR IMMEDIATE RELEASE
14 September 2023
Globalworth Real Estate Investments Limited
("Globalworth" or the "Company")
Scrip Dividend Share Reference Price
Further to the Company's announcement on 30 August 2023 and as
further described in the scrip dividend circular published by the
Company on 30 August 2023 (the "Scrip Dividend Circular"), the
Company has approved the payment of an interim dividend in respect
of the six month period ended 30 June 2023 of 14 c ents per
ordinary share (the "Interim Dividend") and shareholders may elect
to receive a scrip dividend alternative to the Interim Dividend
(the "Scrip Dividend Alternative") so that Qualifying Shareholders
receive new ordinary shares in the Company (the "Scrip Dividend
Shares") instead of cash in respect of all or part of their
entitlement to the Interim Dividend calculated on the basis of the
Reference Price.
The Reference Price is 200 cents per Scrip Dividend Share. The
Reference Price has been determined by the Company on the basis of
a discount of 20% to the average of the middle market quotations
for the Company's shares as derived from the Daily Official List
(or any other publication of a recognised investment exchange
showing quotations for the Company's shares) on the five
consecutive dealing days from and including the Ex-Dividend
Date.
The final date and time for Qualifying Shareholders to elect to
receive the Scrip Dividend Alternative is 5.00 p.m. on 22 September
2023. The process for electing to receive the Scrip Dividend
Alternative is set out in the Scrip Dividend Circular, which is
available on the Company's website at
https://www.globalworth.com/investor-relations/corporate-documents/
.
All capitalised terms used in this announcement shall, unless
otherwise defined, have the meanings given to them in the Scrip
Dividend Circular.
Enquiries
Rashid Mukhtar Tel: +40 732 800 000
Deputy CFO
Panmure Gordon (Nominated Adviser and Tel: +44 20 7886 2500
Broker)
Dominic Morley
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 250 professionals across
Cyprus, Guernsey, Poland and Romania the combined value of its
portfolio is EUR3.1 billion, as at 30 June 2023. Approximately
96.9% of the portfolio is in income-producing assets, predominately
in the office sector, and leased to a diversified array of over 700
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,
Pitesti, Arad, Oradea and Targu Mures.
For more information, please visit www.globalworth.com and
follow us on Facebook, Instagram and LinkedIn.
Excluded Territories
The release, publication or distribution of this announcement in
jurisdictions other than the United Kingdom may be restricted by
law and therefore any persons who are subject to the laws of any
jurisdiction other than the United Kingdom should inform themselves
about, and observe, any applicable legal or regulatory
requirements. In particular, the ability of persons who are not
resident in the United Kingdom or who are subject to the laws of
another jurisdiction to elect to receive the Scrip Dividend
Alternative may be affected by the laws of the relevant
jurisdictions in which they are located or to which they are
subject. Any failure to comply with applicable legal or regulatory
requirements of any jurisdiction may constitute a violation of
securities laws in that jurisdiction.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCBCGDCIGBDGXX
(END) Dow Jones Newswires
September 14, 2023 02:00 ET (06:00 GMT)
Globalworth Real Estate ... (LSE:GWI)
Historical Stock Chart
From May 2024 to Jun 2024
Globalworth Real Estate ... (LSE:GWI)
Historical Stock Chart
From Jun 2023 to Jun 2024