REG - Globalworth Real Est - Resignation of Chief Financial Officer

Globalworth Real Estate InvestmentsAnnouncement

26/01/2022 17:10

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RNS Number : 7589Z  Globalworth Real Estate Inv Ltd  26 January 2022

FOR IMMEDIATE RELEASE

26 January 2022

Globalworth Real Estate Investments Limited

("Globalworth" or the "Company")

Resignation of Chief Financial Officer

Globalworth announces that Andreas Papadopoulos, Chief Financial Officer, has
informed the Board that he wishes to resign from his role but that he will
stay on for an interim period, leaving the Company by 30 April 2022.

Dimitris Raptis, Chief Executive Officer, commented: "We are sorry to see that
Andreas will be leaving Globalworth. We are very thankful for and appreciative
of his invaluable contribution and unwavering commitment since the start of
Globalworth's journey in 2013. We wish him the very best for the future".

 

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

Enquiries

 Martin Bartyzal                                                  Tel: +44 1481 234200

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

 Alina Vaskina

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 230 professionals across Cyprus,
Guernsey, Poland and Romania, a combined value of its portfolio is €3.1
billion, as at 30 June 2021. Approximately 95.1% 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, Timisoara, Constanta and Pitesti.
For more information, please visit www.globalworth.com and follow us on
Facebook, Instagram and LinkedIn.

IMPORTANT NOTICE: This announcement has been prepared for the purposes of
complying with the applicable laws and regulations of the United Kingdom and
the information disclosed may not be the same as that which would have been
disclosed if this announcement had been prepared in accordance with the laws
and regulations of any jurisdiction outside of the United Kingdom. This
announcement may include statements that are, or may be deemed to be,
"forward-looking statements". These forward-looking statements may be
identified by the use of forward-looking terminology, including the terms
"targets", "believes", "estimates", "plans", "projects", "anticipates",
"expects", "intends", "may", "will" or "should" or, in each case, their
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strategy, plans, objectives, goals, future events or intentions. These forward
looking statements include all matters that are not historical facts and
involve predictions. Forward-looking statements may and often do differ
materially from actual results. Any forward-looking statements reflect the
Company's current view with respect to future events and are subject to risks
relating to future events and other risks, uncertainties and assumptions
relating to the Company's business, results of operations, financial position,
liquidity, prospects, growth or strategies and the industry in which it
operates. Forward-looking statements speak only as of the date they are made
and cannot be relied upon as a guide to future performance. Save as required
by law or regulation, the Company disclaims any obligation or undertaking to
release publicly any updates or revisions to any forward-looking statements in
this announcement that may occur due to any change in its expectations or to
reflect events or circumstances after the date of this announcement.

 

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