TIDMGWI

RNS Number : 7521N

Globalworth Real Estate Inv Ltd

27 September 2023

FOR IMMEDIATE RELEASE

27 September 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 14 September 2023, the Company is pleased to announce that shareholders have elected to receive the Scrip Dividend Alternative in respect of a total of 232,261,772 ordinary shares, representing approximately 98.5% of the total issued share capital of the Company as at 26 September 2023 (being the latest practicable date prior to the date of this announcement).

As a result, in connection with the Interim Dividend announced on 30 August 2023, the Company will pay a total of EUR508,602 in cash and issue a total of 16,258,317 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 10 October 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 252,152,962 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 30 August 2023 and available on the Company's website at https://www.globalworth.com/investor-relations/corporate-documents/ .

 
 Enquiries 
 Rashid Mukhtar                          Tel: +40 732 800 000 
  Deputy CFO 
 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 250 professionals across Cyprus, Guernsey, Poland and Romania the combined value of its portfolio is EUR3.1 billion, as at 30 June 2023. Approximately 96.9% of the portfolio is in income-producing assets, predominately in the office sector, and leased to a diversified array of over 700 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 follow us on Facebook, Instagram and LinkedIn.

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