Globalworth Real Estate Inv Ltd Issue of Scrip Dividend Shares & Admission to AIM (3527V)
April 04 2023 - 6:33AM
UK Regulatory
TIDMGWI
RNS Number : 3527V
Globalworth Real Estate Inv Ltd
04 April 2023
FOR IMMEDIATE RELEASE
4 April 2023
Globalworth Real Estate Investments Limited
( " Globalworth " or the " Company " )
Issuance of Scrip Dividend Shares and Admission to AIM
Further to the Company's announcement on 23 March 2023, the
Company is pleased to announce that shareholders have elected to
receive the Scrip Dividend Alternative in respect of a total of
217,446,354 ordinary shares, representing approximately 98.1% of
the total issued share capital of the Company as at 3 April 2023
(being the latest practicable date prior to the date of this
announcement).
As a result, in connection with the Interim Dividend announced
on 9 March 2023, the Company will pay a total of EUR630,224 in cash
and issue a total of 14,305,676 Scrip Dividend Shares.
Application will be made for the Scrip Dividend Shares to be
admitted to trading on AIM. Admission of the Scrip Dividend Shares
is expected to become effective on 18 April 2023.
The Scrip Dividend Shares will rank pari passu in all respects
with the existing ordinary shares of the Company.
Immediately following the issuance of the Scrip Dividend Shares,
the total number of ordinary shares in the Company in issue
excluding shares held as treasury shares will be 235,894,645 and
this is the total number of 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.
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 9 March 2023 and
available on the Company's website at
https://www.globalworth.com/investor-relations/corporate-documents/
.
Enquiries
Stamatis Sapkas Tel: +40 732 800 000
Chief Financial Officer
Panmure Gordon (Nominated Adviser and Tel: +44 20 7886 2500
Broker)
Dominic Morley
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 260 professionals across
Cyprus, Guernsey, Poland and Romania, a combined value of its
portfolio is EUR3.2 billion, as at 31 December 2022. Approximately
96.4% of the portfolio is in income-producing assets, predominately
in the office sector, and leased to a diversified array of over 690
national and multinational corporates. In Poland, Globalworth is
present in Warsaw, Wroclaw, Lodz, Krakow, Gdansk and Katowice,
while in Romania its assets span Bucharest, Timisoara, Constanta,
Pitesti, Arad, Oradea and Targu Mures.
For more information, please visit www.globalworth.com and
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