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Purchase of own shares and TVR

15 May 2020 07:00

RNS Number : 9827M
Globalworth Real Estate Inv Ltd
14 May 2020
 

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.

15 May 2020

Globalworth Real Estate Investments Limited

("Globalworth" or the "Company")

Purchase of own shares and TVR

 

The Company announces that on 14 May 2020 it purchased 5,000 ordinary shares of no par value in the Company at €5.90 per share.  These shares are to be held by the Company in treasury and will be utilised to meet obligations arising under share award plans in place for the Group.

Following the above, the Company holds 456,138 ordinary shares in treasury. The total number of ordinary shares in issue excluding shares held as treasury shares is 221,950,949, and this is the total number of the voting rights in the Company which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change in the interest, in the share capital of the Company under Chapter 5 of the FCA's Disclosure and Transparency Rules as reflected in the Company's articles of incorporation.

 

For further information visit www.globalworth.com or contact:

Enquiries

Stamatis Sapkas

Deputy Chief Investment Officer

 

Tel: + +40 732 800 000

Jefferies (Joint Broker)

Stuart Klein

 

Tel: +44 20 7029 8000

Panmure Gordon (Nominated Adviser and Joint Broker)

Alina Vaskina

 

Tel: +44 20 7886 2500

 

About Globalworth / Note to Editors:

Globalworth is a listed real estate company active in Central and Eastern Europe, quoted on the AIM-segment of the London Stock Exchange. It has become the pre-eminent office investor in the CEE real estate market through its market-leading positions both in Romania and in Poland. Globalworth acquires, develops and directly manages high-quality office and logistics/light-industrial real estate assets in prime locations, generating rental income from high quality tenants from around the globe. Managed by c.240 professionals across Cyprus, Guernsey, Romania and Poland, the combined value of its portfolio is €3.04 billion, as at 31 December 2019. Approximately 93.4% of the portfolio is in income-producing assets, predominately in the office sector, and leased to a diversified array of over 715 national and multinational corporates. In Poland Globalworth is present in Warsaw, Wroclaw, Lodz, Krakow, Gdansk and Katowice, while in Romania its assets span in Bucharest, Timisoara, Constanta and Pitesti. For more information, please visit www.globalworth.com and follow us on Facebook, Instagram and LinkedIn.

 

IMPORTANT NOTICE: This announcement has been prepared for the purposes of complying with the applicable laws and regulations of the United Kingdom and the information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws and regulations of any jurisdiction outside of the United Kingdom. This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "targets", "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward looking statements include all matters that are not historical facts and involve predictions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect the Company's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Company's business, results of operations, financial position, liquidity, prospects, growth or strategies and the industry in which it operates. Forward-looking statements speak only as of the date they are made and cannot be relied upon as a guide to future performance. Save as required by law or regulation, the Company disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements in this announcement that may occur due to any change in its expectations or to reflect events or circumstances after the date of this announcement.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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POSAIMLTMTBBBPM
Date   Source Headline
22nd Jul 20197:00 amRNSDirector/PDMR Shareholding
19th Jul 20199:19 amRNSCompletion of Acquisitions in Poland
8th Jul 20194:52 pmRNSDirector/PDMR Shareholding
5th Jul 20195:20 pmRNSShares issue, Transfer of Treasury Shares and TVR
24th Jun 20192:00 pmRNSResult of AGM
17th Jun 20197:00 amRNSDirector/PDMR Shareholding
13th Jun 20197:00 amRNSNew remuneration policy and termination of plan
17th May 20197:00 amRNSNotice of AGM
13th May 201911:30 amRNSDirectorate Change
29th Apr 201911:00 amRNSTransaction in Own Shares
26th Apr 20196:00 pmRNSDelisting of GPRE
26th Apr 20197:00 amRNSAcquisitions in Poland
17th Apr 20194:33 pmRNSHolding(s) in Company
16th Apr 20198:02 amRNSCredit rating upgrade
16th Apr 20197:00 amRNSHolding(s) in Company
16th Apr 20197:00 amRNSDirector/PDMR Shareholding
11th Apr 201911:17 amRNSHolding(s) in Company
10th Apr 20191:58 pmRNSHolding(s) in Company
10th Apr 20197:00 amRNSResults of Placing and update on GPRE Exchange
8th Apr 20197:00 amRNSProposed Placing and GPRE Exchange
3rd Apr 20194:30 pmRNSAcquisition
29th Mar 20191:17 pmRNSResult of EGM
28th Mar 20197:00 amRNSPosting of Annual Report and Notice of AGM
27th Mar 20199:00 amRNSCredit rating upgrade to investment grade by S&P
20th Mar 20197:31 amRNSNew Strategic Investor
19th Mar 201911:15 amRNSHolding(s) in Company
19th Mar 20197:30 amRNSDirectorate Change
19th Mar 20197:00 amRNSHolding(s) in Company
18th Mar 20195:58 pmRNSHolding(s) in Company
12th Mar 20196:30 pmRNSPublication of Circular and Notice of EGM
11th Mar 20195:45 pmRNSIncrease in shareholding in Globalworth Poland
11th Mar 20197:00 amRNSPrelim FY18 Results & Intention to raise equity
23rd Jan 201911:00 amRNSIssue of Shares in Exchange for GPRE Shares, TVR
22nd Jan 20191:07 pmEQSEdison issues outlook on Globalworth Real Estate (GWI)
14th Jan 201912:00 pmRNSSecond Interim Dividend Payment
28th Dec 20184:40 pmRNSSecond Price Monitoring Extn
28th Dec 20184:35 pmRNSPrice Monitoring Extension
21st Dec 20181:30 pmRNSUpdate on Poland
20th Dec 201811:40 amRNSCompletion of Acquisition in Poland
12th Dec 20184:24 pmRNSDirector/PDMR Shareholding
12th Dec 20188:28 amRNSUpdate on Poland
31st Oct 201810:00 amRNSChanges to Board Committees
31st Oct 20187:00 amRNSAcquisition in Poland
19th Sep 20187:00 amRNSInterim Results for six months ended 30 June 2018
28th Aug 20186:00 pmRNSNotice of Results & Preliminary H1 Financials
14th Aug 20184:00 pmRNSSatisfaction of employee share awards
12th Jul 201812:09 pmRNSAcquisition in Poland
12th Jul 201810:00 amRNSDirector Shareholding
11th Jul 20187:00 amRNSInterim Dividend Payment
27th Jun 20186:15 pmRNSApplication for admission of shares to AIM

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