Source - RNS
RNS Number : 3663I
Globalworth Real Estate Inv Ltd
16 June 2017
 

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

 

Globalworth Real Estate Investments Limited

 

Director/PDMR Shareholdings

 

Globalworth Real Estate Investments Limited (the "Company") announces that it has been advised that on 15 June 2017, Iannis Papalekas, a director of the Company, acquired 50,000 ordinary shares of no par value ("Ordinary Shares") in the Company at a price of €7.625 per Ordinary Share.

 

The Company has also been advised that on 15 June 2017, Dimitris Raptis, a director of the Company, acquired 50,000 Ordinary Shares at a price of €7.625 per Ordinary Share.

 

Following the above share purchases, Mr Papalekas has an interest in 23,474,323 Ordinary Shares, equivalent to 25.91 per cent. of the issued ordinary share capital  of the Company and Mr Raptis has an interest in 436,028 Ordinary Shares, equivalent to 0.48 per cent. of the issued Ordinary Share capital.

 

The Notification of Dealing Forms provided in accordance with the requirements of MAR in relation to the transaction listed above are 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

Iannis Papalekas

2

Reason for the notification

a)

Position/status

Chief Executive Officer

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

ISIN: GG00B979FD04

b)

Nature of the transaction

Purchase of ordinary shares

c)

Price(s) and volume(s)

Price

Volume

7.625 euros

50,000

d)

Aggregated information

- Aggregated volume

- Price

Not applicable, single transaction

 

e)

Date of the transaction

15 June 2017

f)

Place of the transaction

London Stock Exchange

 

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

Dimitris Raptis

2

Reason for the notification

a)

Position/status

Deputy Chief Executive and Chief Investment Officer

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

ISIN: GG00B979FD04

b)

Nature of the transaction

Purchase of ordinary shares

c)

Price(s) and volume(s)

Price

Volume

7.625 euros

50,000

d)

Aggregated information

- Aggregated volume

- Price

Not applicable, single transaction

 

e)

Date of the transaction

15 June 2017

f)

Place of the transaction

London Stock Exchange

 

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

Globalworth Real Estate Investments Limited

Dimitris Raptis

Tel: +40 372 800 000

 

Panmure Gordon (Nominated Adviser and Joint Broker)

Andrew Potts

Tel: +44 20 7886 2500

 

Cantor Fitzgerald Europe (Joint Broker)      

Rick Thompson

David Foreman

Tel: +44 7894 7000

 

Milbourne (Public Relations)

Tim Draper      Tel: +44 7903 802545

 

About Globalworth

Globalworth is a real estate investment company active in the SEE and CEE regions with a prime focus on Romania. The Company is internally managed by c.70 professionals and its portfolio comprises high quality real estate investments valued at c. Euro 977.5 million at 31 December 2016, all located in Romania.

 


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