REG - Globalworth Real Est - Result of AGM

Globalworth Real Estate InvestmentsAnnouncement

Mon 12:45

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RNS Number : 0079O  Globalworth Real Estate Inv Ltd  23 June 2025

FOR IMMEDIATE RELEASE

23 June 2025

Globalworth Real Estate Investments Limited

("Globalworth" or the "Company")

Results of AGM

The Board of Directors of the Company is pleased to announce that at the
annual general meeting of the Company held today, all the resolutions relating
to both the ordinary business and the special business, as set out in the
Notice of AGM dated 15 May 2025, were duly passed by shareholders.
Resolutions 1 - 10 were passed as Ordinary Resolutions and Resolution 11 as a
Special Resolution. Votes were as set out below:

 Resolution                                                                              In Favour               Discretion         Against            Withheld
         Votes                                                                           %              Votes    %           Votes  %          Votes   %
 1       To receive and adopt the Company's annual report and audited financial          283,405,868    100      0           0.00   0          0.00    0         0.00
         statements for the year ended 31 December 2024 together with the directors'

         and auditor's reports thereon
 2       To re-appoint Ernst & Young Cyprus Limited as auditor of the Company            283,405,868    100      0           0.00   0          0.00    0         0.00

 3       To authorise the Directors to agree the auditor's remuneration                  283,405,868    100      0           0.00   0          0.00    0         0.00

 4       To re-appoint Mr David Maimon as a director                                     282,750,508    99.77    0           0.00   655,360    0.23    0         0.0

 5       To re-appoint Mr Dennis Selinas as a director                                   283,405,291    99.9998  0           0.00   577        0.0002  0         0.00

 6       To authorise the Company, in replacement of all previous authorities, in        283,405,868    100      0           0.00   0          0.00    0         0.00
         accordance with section 315(1)(a) of The Companies (Guernsey) Law, 2008, as

         amended (the "Law"), to make market acquisitions (within the meaning of
         section 316 of the Law) of ordinary shares in the capital of the Company on
         the terms set out in the Notice of AGM
 7       To authorise the Directors to exercise an Acquisition Share Authority in        283,405,159    99.9997  0           0.00   709        0.0003  0         0.00
         respect of up to 21,791,134 Shares on the terms set out in the Notice of AGM

 8       To authorise the Directors to issue up to 193,698,971 Shares on the terms set   283,402,058    99.9987  0           0.00   3,810      0.0013  0         0.00
         out in the Notice of AGM

 9       To approve and authorise, pursuant to section 314(2) of the Companies           283,403,493    99.9992  0           0.00   2,375      0.0008  0         0.00
         (Guernsey) Law, 2008 as amended, the terms of the proposed option and off

         market buy back instrument (the "Buy Back Instrument") for the acquisition by
         the Company of the Sale Shares (as defined therein), and to authorise the
         Company to execute the Buy Back Instrument
 10      To confirm that the authority to execute the Buy Back Instrument pursuant to    283,402,916    99.999   0           0.00   2,952      0.001   0         0.00
         resolution 8 above shall expire on 22 June 2026 however, the expiration of

         such authority shall not prevent the Company from purchasing the Sale Shares
         after the expiration of the authority in accordance with the terms of the Buy
         Back Instrument made and agreed prior to the expiration of the authority
 11      To disapply in respect of up to 21,791,134 Shares the provisions relating to    282,749,369    99.77    0           0.00   656,499    0.23    0         0.00
         pre-emption rights enshrined in Article 5 of the Articles, provided that this

         authority shall be limited by the terms set out in the Notice of AGM

 

Enquiries

 Rashid Mukhtar                                         Tel: +40 732 800 000

 Group CFO

 Panmure Liberum (Nominated Adviser and Joint 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.

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