FOR IMMEDIATE RELEASE
7 May 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
88,018 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
266,114,296,
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
269 professionals across Cyprus,
Guernsey, Poland and Romania the combined value
of its portfolio is €3.0 billion, as at 31 December 2023.
Approximately 96.8% of the portfolio is in
income-producing assets, predominately in the office sector, and
leased to a diversified array of over 715 national and
multinational corporates. In Poland Globalworth is
present in Warsaw, Wroclaw, Lodz, Krakow, Gdansk
and Katowice, while in Romania it has assets
in Bucharest and seven other cities.