REG - Globalworth Real Est - Issue of Scrip Dividend Shares & Admission to AIM

Globalworth Real Estate InvestmentsAnnouncement

08/04/2025 15:30

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RNS Number : 1769E  Globalworth Real Estate Inv Ltd  08 April 2025

FOR IMMEDIATE RELEASE

8 April 2025

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 11 March 2025, the Company is pleased
to announce that shareholders have elected to receive the Scrip Dividend
Alternative in respect of a total of 273,506,747 ordinary shares, representing
approximately 98.2% of the total issued share capital of the Company
(excluding shares held as treasury shares) as at 7 April 2025 (being the
latest practicable date prior to the date of this announcement).

 

As a result, in connection with the Interim Dividend announced on 11 March
2025, the Company will pay a total of €465,096 in cash and issue a total of
11,834,419 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 25 April 2025.

 

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 290,508,898 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 11 March 2025 and available on the Company's
website at https://www.globalworth.com/investor-relations/corporate-documents/
(https://www.globalworth.com/investor-relations/corporate-documents/) .

 

For further information visit www.globalworth.com
(http://www.globalworth.com/) or contact:

Enquiries

 Rashid Mukhtar                                   Tel: +40 732 800 000

 Group CFO

 Panmure Liberum (Nominated Adviser and Broker)   Tel: +44 20 7886 2500

 Atholl Tweedie

 

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 properties in prime
locations, generating rental income from reputed tenants from around the
globe. Managed by over 250 professionals across Cyprus, Guernsey, Poland and
Romania the combined value of its portfolio is €2.6 billion, as at 31
December 2024. Approximately 98.5% 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 and Craiova.

For more information, please visit www.globalworth.com
(http://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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