Director/PDMR Shareholding

RNS Number : 7255F
Globalworth Real Estate Inv Ltd
19 July 2021
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

19 July 2021


Globalworth Real Estate Investments Limited ("Globalworth" or the "Company")

Director/PDMR Shareholding

The Company announces that it has been informed today that a pension trust of which Mr John Whittle, Non-Executive Director of Globalworth  is the sole beneficiary, has accepted the Offer in respect of 11,900 ordinary shares on no par value in the Company and Mr Whittle has also accepted the Offer in respect of 9,000 Ordinary Shares held in his own name.

Following the above transactions, Mr Whittle has no beneficial interest in Ordinary Shares in the Company.

Terms used but not defined in this announcement shall have the meanings given to them in the response circular published by the Company on 26 May 2021.

The Notification of Dealing Form provided in accordance with the requirements of MAR in relation to the transactions listed above is set out below:

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 1

Details of the person discharging managerial responsibilities / person closely associated 

a)

Name

John Whittle

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  

a)

Name

Globalworth Real Estate Investments Limited

b) 

LEI

213800R3E823B1UBIA81

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of no par value

b)

Identification code 

GG00B979FD04

c)

Nature of the transaction 

 Acceptance of Offer

d)

Price(s) and volume(s)

Price(s)

Volume(s)

€7.00

20,900

 

d)

 

Aggregated information 

- Aggregated volume

- Price

 

Not applicable, single transaction

e)

Date of the transaction 

19 July 2021

f)

Place of the transaction

London Stock Exchange, AIM

 

Enquiries:

Globalworth

Via advisers

Geoff Miller, Chair of the Board

 

 

 

J.P. Morgan Cazenove (Financial Adviser)

Tel: +44 20 7742 4000

Massimo Saletti / Leon Li

Dwayne Lysaght / Jonty Edwards

 

 

 

Panmure Gordon (Rule 3 Adviser, Nominated Adviser and Joint Broker)

Tel: +44 20 7886 2500

Dominic Morley / Alina Vaskina

 

 

Important notices

This announcement is not intended to and does not constitute an offer to buy or the solicitation of an offer to subscribe for or sell or an invitation to purchase or subscribe for any securities or the solicitation of any vote in any jurisdiction. The release, publication or distribution of this announcement in whole or in part in, into or from certain jurisdictions may be restricted by law and therefore persons in such jurisdictions should inform themselves about and observe such restrictions.

The person responsible for arranging for the release of this announcement on behalf of the Company is Nicola Marrin, Company Secretary.

Disclaimers

Panmure Gordon (UK) Limited ("Panmure Gordon") which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively for Globalworth and no one else in connection with the matters set out in this announcement and will not regard any other person as its client in relation to the matters in this document and will not be responsible to anyone other than Globalworth for providing the protections afforded to clients of Panmure Gordon or its affiliates, nor for providing advice in relation to any matter referred to herein.

 

 

 

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