Last checked at 16 Jun 2017 14:45
The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this information is considered to be in the public domain
Globalworth Real Estate Investments Limited
Director/PDMR Shareholdings
Globalworth Real Estate Investments Limited (the "Company") announces that it has been advised that on 15 June 2017, Iannis Papalekas, a director of the Company, acquired 50,000 ordinary shares of no par value ("Ordinary Shares") in the Company at a price of €7.625 per Ordinary Share.
The Company has also been advised that on 15 June 2017, Dimitris Raptis, a director of the Company, acquired 50,000 Ordinary Shares at a price of €7.625 per Ordinary Share.
Following the above share purchases, Mr Papalekas has an interest in 23,474,323 Ordinary Shares, equivalent to 25.91 per cent. of the issued ordinary share capital of the Company and Mr Raptis has an interest in 436,028 Ordinary Shares, equivalent to 0.48 per cent. of the issued Ordinary Share capital.
The Notification of Dealing Forms provided in accordance with the requirements of MAR in relation to the transaction listed above are 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 | Iannis Papalekas | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
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) |
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d) | Aggregated information - Aggregated volume - Price | Not applicable, single transaction
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e) | Date of the transaction | 15 June 2017 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
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 | Dimitris Raptis | ||||
2 | Reason for the notification | |||||
a) | Position/status | Deputy Chief Executive and Chief Investment Officer | ||||
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 - Aggregated volume - Price | Not applicable, single transaction
| ||||
e) | Date of the transaction | 15 June 2017 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
For further information visit www.globalworth.com or contact:
Globalworth Real Estate Investments Limited
Dimitris Raptis
Tel: +40 372 800 000
Panmure Gordon (Nominated Adviser and Joint Broker)
Andrew Potts
Tel: +44 20 7886 2500
Cantor Fitzgerald Europe (Joint Broker)
Rick Thompson
David Foreman
Tel: +44 7894 7000
Milbourne (Public Relations)
Tim Draper Tel: +44 7903 802545
About Globalworth
Globalworth is a real estate investment company active in the SEE and CEE regions with a prime focus on Romania. The Company is internally managed by c.70 professionals and its portfolio comprises high quality real estate investments valued at c. Euro 977.5 million at 31 December 2016, all located in Romania.