(Correcting name of investment vehicle to Zorviani.)
LONDON (Alliance News) - Romania-focused property developer Globalworth Real Estate Investments Ltd on Friday said Chief Executive Ioannis Papalekas acquired shares in the company through his Zorviani Ltd investment vehicle on Thursday.
Papalekas bought 5,000 shares at EUR5.05 per share, taking his total holding to 23.1 million shares or a 36% stake in the business.
The acquisition is the second Papalekas has conducted through Zorviani this week, having bought 5,000 shares on Wednesday at EUR5.10 per share.
Globalworth shares were untraded Friday, having last traded at EUR5.05.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Globalworth (GWI)