Globalworth Real Estate Inv Ltd Purchase of own shares for employee award plan (4536K)
July 07 2017 - 4:55AM
UK Regulatory
TIDMGWI
RNS Number : 4536K
Globalworth Real Estate Inv Ltd
07 July 2017
Globalworth Real Estate Investments Limited
Purchase of own shares for employee share award plan
Guernsey 7 July 2017: Globalworth Real Estate Investments Ltd.
(AIM: GWI) ("Globalworth" or the "Company") announces that
yesterday, 6 July 2017, it purchased 56,623 ordinary shares of no
par value in the Company at 7.55 euros per share. All of the shares
purchased will be held by the Company in treasury and will be
utilised to satisfy awards made under the share award plan in place
for employees of the Company's subsidiaries.
Following the above purchase, the Company holds 56,623 ordinary
shares in treasury. The total number of ordinary shares in issue
excluding shares held as treasury shares is 90,546,743, 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 and Transparency
Rules as reflected in the Company's articles of incorporation.
For further information visit www.globalworth.com or
contact:
Panmure Gordon (Nominated Tel: +44 20 7886 2500
Adviser and Joint Broker)
Andrew Potts
Cantor Fitzgerald Europe Tel: +44 20 7894 7000
(Joint Broker)
Rick Thompson
David Foreman
Milbourne (Public Relations) Tel: +44 7903 802545
Tim Draper
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
983.3 million at 31 March 2017, all located in Romania.
This information is provided by RNS
The company news service from the London Stock Exchange
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