Globalworth Regulatory News (GWI)

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.

5 July 2019

Globalworth Real Estate Investments Limited

("Globalworth" or the "Company")

Issue of Shares, Transfer of Shares out of Treasury and Total Voting Rights

Following the announcement on 13 June 2019 of the new Group-wide remuneration policy and the termination of the previous incentive fee arrangements (the "Plan") for Globalworth Investment Advisers Ltd ("GIAL"), a wholly-owned subsidiary of the Company, the Board of Globalworth confirms it has today resolved the following:

· to transfer 123,241 ordinary shares of no par value which are currently held in treasury ("Treasury Shares") and to issue 2,758,816 ordinary shares of no par value ("Ordinary Shares") to GIAL in settlement of the shares element of the Plan termination;

· to transfer a further 45,791 Treasury Shares to employees of the Group in settlement of the shares element of the Plan termination; and

· as part of the implementation of the long-term incentive plan which forms part of the new Group-wide remuneration policy, to issue 342,184 Ordinary Shares to GIAL. These Ordinary Shares will not vest unless and until satisfaction of the relevant performance conditions, as outlined in the announcement on 13 June 2019.

In addition, 87,148 Treasury Shares are to be utilised to satisfy awards made for 2017 under the share award plan in place for employees of the Company's Romanian subsidiaries, such shares vesting automatically in accordance with that share award plan.

Following the above transfers, the Company will hold 777 Treasury Shares.

Application will be made for 3,101,000 new Ordinary Shares to be admitted to trading on AIM with admission expected to take place on 11 July 2019 ("Admission"). Following Admission, the Company's enlarged issued share capital will comprise 193,834,684 Ordinary Shares with voting rights in the Company. The transfer of the Treasury Shares will take place as soon as possible.

The total number of ordinary shares in issue excluding shares held as Treasury Shares is 193,834,684, 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 Guidance and Transparency Rules as reflected in the Company's articles of incorporation.

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

Enquiries

Andrew Cox Tel: +44 20 3026 4027

Head of Investor Relations & Corporate Development

Jefferies (Joint Broker) Tel: +44 20 7029 8000

Stuart Klein

Panmure Gordon (Nominated Adviser and Joint Broker) Tel: +44 20 7886 2500

Alina Vaskina/Justin Gulston

Milbourne (Public Relations) Tel: +44 7903 802545

Tim Draper

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, where the Company currently has a 99.6% shareholding in Globalworth Poland, a pure-play Polish real estate platform listed on the Warsaw Stock Exchange. 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 nearly 200 professionals across Romania and Poland, the combined value of its portfolio is over €2.5 billion, as at 31 December 2018 and proforma for subsequent acquisitions. Over 90% of the portfolio is in income-producing assets, predominately in the office sector, and leased to a diversified array of some 650 national and multinational corporates. In Romania, Globalworth is present in Bucharest, Timisoara and Pitesti, while in Poland its assets span Warsaw, Wroclaw, Lodz, Krakow, Gdansk and Katowice. For more information, please visit www.globalworth.com and follow us on Facebook, Instagram and LinkedIn.