Buy back of Shares into Treasury and TVR
Employee put options exercised on 39,558 shares, bought back into treasury by the Company.
- Shares bought back into treasury 39,558
- Total ordinary shares in treasury 838,118
- Voting shares in issue 290,508,898
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Globalworth announces that, pursuant to the shareholder authorities given at the AGM on 10 June 2024, put options have been exercised by employee shareholders in relation to, in aggregate, 39,558 ordinary shares of no par value which had been recently transferred out of treasury to satisfy awards made under the share award plan in place for employees of the Company's subsidiaries, and, as a result, these shares are now being bought back by the Company and transferred into treasury. Following completion of this process, the Company holds 838,118 ordinary shares in treasury.
The total number of ordinary shares in issue excluding shares held as treasury shares is 290,508,898, and this is the total number of the 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.
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.
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