Transfer of shares out of treasury

Globalworth Real Estate Inv Ltd

11 March 2024

 

FOR IMMEDIATE RELEASE

11 March 2024

Globalworth Real Estate Investments Limited

("Globalworth" or the "Company")

Satisfaction of employee share awards and Total Voting Rights

Globalworth announces that 28,867 ordinary shares of no par value which were held in treasury have been utilised to satisfy awards made under the share award plan in place for employees of the Company's subsidiaries, such shares having vested in accordance with the terms of the plan. The Company now holds 809,251 ordinary shares in treasury.

The total number of ordinary shares in issue excluding shares held as treasury shares is 252,181,829, 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
Rashid Mukhtar Group CFO	Tel: [phone]
Panmure Gordon (Nominated Adviser and Broker) Dominic Morley	Tel: [phone]

​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 Poland and Romania. Globalworth acquires, develops and directly manages high-quality office and industrial real estate assets in prime locations, generating rental income from high quality tenants from around the globe. Managed by over 269 professionals across Cyprus, Guernsey, Poland and Romania the combined value of its portfolio is €3.0 billion, as at 31 December 2023. Approximately 96.8% 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 it has assets in Bucharest and seven other cities. For more information, please visit www.globalworth.com and follow us on Facebook, Instagram and LinkedIn.

 

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