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Director/PDMR Shareholding

18 Jan 2016 10:30

RNS Number : 1520M
Globalworth Real Estate Inv Ltd
18 January 2016
 

 

Globalworth Real Estate Investments Limited (the "Company")

Director Shareholding

 

Guernsey, 18 January 2016: The Company announces that it has been advised that 100% of the Ordinary Shares in the Company held by Lenuta Ltd, a company whose ultimate beneficial owner is Mr Dimitris Raptis (Deputy CEO and Chief Investment Officer of the Company), comprising 142,500 shares, has been transferred into the personal name of Mr. Raptis. Mr. Raptis' beneficial interest in Ordinary Shares in the Company remains unchanged.

 

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

 

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

Nicola Marrin

 

Cantor Fitzgerald Europe (Joint Broker) Tel: +44 20 7894 7000

Rick Thompson

David Foreman

 

Milbourne (Public Relations) Tel: +44 20 3540 6458

Tim Draper

About Globalworth

 

Globalworth Real Estate Investments Limited is a real estate investment company founded by real estate investor and developer Ioannis Papalekas currently focused on taking advantage of investment opportunities in Romania. The Company's shares were admitted to trading on AIM in July 2013.

 

The Romanian market offers an attractive real estate investment proposition in the medium-to-long term. Globalworth believes that global investor capital flows will gradually move from markets considered as "safe havens" to more peripheral markets such as Romania in search of higher yielding investments. As a result, Romania should, in due course, become a more attractive destination for a wide investor audience. Globalworth anticipates holding an early mover advantage in and benefiting from this gradual shift in investor sentiment.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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