Last checked at 17 Oct 2017 14:21
Globalworth Real Estate Investments Limited
Director/PDMR Shareholding
Globalworth Real Estate Investments Limited (the "Company") announces that it has been advised today that on 16 October 2017 the trustees of PH Fechter Family Trust, of which Peter Fechter (a non-executive director of the Company) is the non-beneficial founder, acquired 10,000 ordinary shares of no par value ("Ordinary Shares") in the Company at Euro 7.70 per share.
Following the above share purchase, Mr Fechter has an indirect interest in 60,000 Ordinary Shares, equivalent to 0.07 per cent of the issued Ordinary Share capital.
The Notification of Dealing Form provided in accordance with the requirements of MAR in relation to the transaction listed above is set out below:
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | PH Fechter Family Trust | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Person closely associated with Peter Fechter, non-executive director | ||||||
b) | Initial notification/Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Globalworth Real Estate Investments Limited | ||||||
b) | LEI | 213800R3E823B1UBIA81 | ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of no par value ISIN: GG00B979FD04 | ||||||
b) | Nature of the transaction | Purchase of ordinary shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information | Not applicable, single transaction | ||||||
e) | Date of the transaction | 16 October 2017 | ||||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||||
Enquiries:
Andrew Cox Tel: +44 20 3026 4027
Head of Investor Relations & Corporate Development
Panmure Gordon (Nominated Adviser and Joint Broker) Tel: +44 20 7886 2500
Andrew Potts
Jefferies (Joint Broker) Tel: +44 20 7029 8000
Stuart Klein
Milbourne (Public Relations) Tel: +44 7903 802 545
Tim Draper
About Globalworth
Globalworth is a real estate investment company active in Central and Eastern Europe, and has become the leading office investor in the Romanian real estate market. Globalworth acquires, develops and directly manages high-quality office and logistics/light-industrial real estate assets in prime locations, through which it benefits from a strong rental income profile from high quality tenants from around the globe. With approximately 70 professionals managing its portfolio which, as a 30 June 2017, was valued in excess of €1bn, of which 90% is in income-producing assets and over 80% in the office sector. Globalworth has a strong and supportive investor base, having been listed on the AIM Market of London Stock Exchange since 2013 and in 2017 issued its debut Eurobond on the Irish and Bucharest stock exchanges.