Globalworth Regulatory News (GWI)

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

X

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:

31/01/2020

6. Date on which issuer notified (DD/MM/YYYY):

03/02/2020

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

16.814%

1.275%

18.089%

221,906,310

Position of previous notification (if

applicable)

6.035%

0

6.035%

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

13,576,428

23,734,670

6.118%

10.696%

SUBTOTAL 8. A

37,311,098

16.814%

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%

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

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 31 January 2020, CPI PROPERTY GROUP, Luxembourg, acquired the entire issued share capital of Zakiono Enterprises Limited ("Zakiono"), an entity which directly owns 23,734,670 shares in Globlaworth Real Estate Investments Limited ("GREIL"), representing 10.696% of GREIL's voting rights. Zakiono further owns 2,830,020 warrants, exercisable into 2,830,020 GREIL shares, representing 1.275% of GREIL's voting rights.

Since our latest notification dated 26 January 2020, which reflected shareholding position as at 23 January 2020 (13,391,959 GREIL shares, representing 6.035% of GREIL's voting rights), CPI PROPERTY GROUP also acquired 184,469 GREIL shares on the secondary market. This represents 0.083% GREIL's voting rights.

As at 31 January 2020 therefore CPI PROPERTY GROUP holds and controls in aggregate 37,311,098 GREIL shares, representing 16.814% of GREIL's voting rights. Out of the aggregate shareholding in GREIL, 13,576,428 GREIL shares are held directly by CPI PROPERTY GROUP and 23,734,670 GREIL shares are held indirectly via 100% owned subsidiary Zakiono. In addition, Zakiono 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.

Place of completion

Luxembourg

Date of completion

03/02/2020