Last checked at 5 Feb 2020 10:44
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i | ||||||||||||||
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | Globalworth Real Estate Investments Limited | |||||||||||||
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||||||||||
Non-UK issuer | X | |||||||||||||
2. Reason for the notification (please mark the appropriate box or boxes with an "X") | ||||||||||||||
An acquisition or disposal of voting rights | X | |||||||||||||
An acquisition or disposal of financial instruments | ||||||||||||||
An event changing the breakdown of voting rights | ||||||||||||||
Other (please specify)iii: | ||||||||||||||
3. Details of person subject to the notification obligationiv | ||||||||||||||
Name | CPI PROPERTY GROUP | |||||||||||||
City and country of registered office (if applicable) | Luxembourg, Luxembourg | |||||||||||||
4. Full name of shareholder(s) (if different from 3.)v | ||||||||||||||
Name | ||||||||||||||
City and country of registered office (if applicable) | ||||||||||||||
5. Date on which the threshold was crossed or reachedvi: | 04/02/2020 | |||||||||||||
6. Date on which issuer notified (DD/MM/YYYY): | 04/02/2020 | |||||||||||||
7. Total positions of person(s) subject to the notification obligation | ||||||||||||||
% of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments(total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuervii | |||||||||||
Resulting situation on the date on which threshold was crossed or reached | 29.404% | 1.275% | 30.68% | 221,906,310 | ||||||||||
Position of previous notification (if applicable) | 27.746% | 1.275% | 29.021% | |||||||||||
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | ||||||||||||||
A: Voting rights attached to shares | ||||||||||||||
Class/type ofshares ISIN code (if possible) | Number of voting rightsix | % of voting rights | ||||||||||||
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | |||||||||||
Ordinary shares GG00B979FD04 |
41,515,330
| 23,734,670 | 18.708% | 10.696% | ||||||||||
SUBTOTAL 8. A | 65,250,000 | 29.404% | ||||||||||||
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B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | ||||||||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | ||||||||||
Warrant exercisable into ordinary shares GG00B979FD04 | 24/07/2023 | 2,830,020 | 1.275% | |||||||||||
SUBTOTAL 8. B 1 | 2,830,020 | 1.275% | ||||||||||||
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B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | ||||||||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Period xi | Physical or cash settlementxii | Number of voting rights | % of voting rights | |||||||||
SUBTOTAL 8.B.2 | ||||||||||||||
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9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | ||||
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii | ||||
Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary) | X | |||
Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
See 11. additional information | ||||
10. In case of proxy voting, please identify: | ||||
Name of the proxy holder | ||||
The number and % of voting rights held | ||||
The date until which the voting rights will be held | ||||
11. Additional informationxvi | ||||
On 4 February 2020, CPI PROPERTY GROUP, Luxembourg, acquired 3,680,494 shares in Globlaworth Real Estate Investments Limited ("GREIL"), representing 1.659% of GREIL's voting rights. The acquisition was done on the secondary market.
As outlined in our latest notification dated 4 February 2020, which reflected shareholding position as at 3 February 2020, CPI PROPERTY GROUP previously held and controlled in aggregate 61,569,506 GREIL shares, representing 27.746% of GREIL's voting rights.
As at 4 February 2020, CPI PROPERTY GROUP therefore holds and controls in aggregate 65,250,000 GREIL shares, representing 29.404% of GREIL's voting rights. Out of the aggregate shareholding in GREIL, 41,515,330 GREIL shares are held directly by CPI PROPERTY GROUP and 23,734,670 GREIL shares are held indirectly via 100% owned subsidiary Zakiono Enterprises Limited. In addition, Zakiono Enterprises Limited holds 2,830,020 warrants, exercisable into 2,830,020 GREIL shares, representing 1.275% of GREIL's voting rights.
Mr. Radovan Vitek in turn holds 7,847,502,824 shares of CPI PROPERTY GROUP, representing 90.70% of CPI PROPERTY GROUP's shareholding.
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Place of completion | Luxembourg |
Date of completion | 04/02/2020 |