FOR IMMEDIATE RELEASE
26 March 2024
Globalworth Real Estate
Investments Limited
("Globalworth" or the
"Company")
Buy back of Shares into
Treasury and Total Voting Rights
Globalworth announces that, pursuant to the
shareholder authorities given at the AGM on 19 June 2023, put
options have been exercised by employee shareholders in relation to
28,867 ordinary shares of no par value which had been recently
transferred out of treasury to satisfy awards made under the share
award plan in place for employees of the Company's subsidiaries,
and, as a result, these shares have now been bought back by the
Company and transferred into treasury. The
Company now holds 838,118 ordinary shares
in treasury.
The total number of ordinary shares
in issue excluding shares held as treasury shares is
252,152,962, and this is
the total number of the voting rights in the Company which may be
used by shareholders as the denominator for
the calculations by which they will determine if they are required
to notify their interest, or a change in the interest, in the share
capital of the Company under Chapter 5 of the FCA's Disclosure
Guidance and Transparency Rules as reflected in the Company's
articles of incorporation.
For further information
visit www.globalworth.com or
contact:
Enquiries
|
|
Rashid Mukhtar
Group CFO
|
Tel: +40 732 800 000
|
Panmure Gordon (Nominated Adviser
and Broker)
Dominic Morley
|
Tel: +44 20 7886 2500
|
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 260 professionals across Cyprus, Guernsey,
Poland and Romania the combined value of its portfolio is €3.0
billion, as at 31 December 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.