FOR IMMEDIATE RELEASE
18 October 2024
Globalworth Real Estate Investments Limited
("Globalworth" or the "Company")
Director Dealing
The Company has been notified of participation in the Scrip Dividend Alternative by Norbert Sasse, a Director of the Company. The notification of dealing form set out below provides further details of the shares which have accordingly issued to Mr Sasse on 18 October 2024.
Dealing notification forms for use by persons discharging managerial responsibility and their closely associated persons
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Norbert Sasse | ||||
| 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 | Issue following Scrip Dividend Election | ||||
| d) | Price(s) and volume(s) |
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
Not applicable, single transaction | ||||
| e) | Date of the transaction | 18 October 2024 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
All capitalised terms used in this announcement shall, unless otherwise defined, have the meanings given to them in the scrip dividend circular published by the Company on 30 August 2024 and available on the Company's website at https://www.globalworth.com/investor-relations/corporate-documents/.
For further information visit www.globalworth.com or contact:
Enquiries
| Rashid Mukhtar Group CFO
| Tel: +40 732 800 000 |
| Panmure Liberum (Nominated Adviser and Broker) Atholl Tweedie | 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 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 250 professionals across Cyprus, Guernsey, Poland and Romania the combined value of its portfolio is €2.7 billion, as at 30 June 2024. Approximately 97.3% of the portfolio is in income-producing assets, predominately in the office sector, and leased to a diversified array of over 650 national and multinational corporates. In Poland Globalworth is present in Warsaw, Wroclaw, Lodz, Krakow, Gdansk and Katowice, while in Romania its assets span Bucharest, Constanta, Targu Mures and Craiova.
For more information, please visit www.globalworth.com and follow us on Facebook, Instagram and LinkedIn.
Excluded Territories
The release, publication or distribution of this announcement in jurisdictions other than the United Kingdom may be restricted by law and therefore any persons who are subject to the laws of any jurisdiction other than the United Kingdom should inform themselves about, and observe, any applicable legal or regulatory requirements. In particular, the ability of persons who are not resident in the United Kingdom or who are subject to the laws of another jurisdiction to elect to receive the Scrip Dividend Alternative may be affected by the laws of the relevant jurisdictions in which they are located or to which they are subject. Any failure to comply with applicable legal or regulatory requirements of any jurisdiction may constitute a violation of securities laws in that jurisdiction.
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