GLOBALWORTH REAL ESTATE INVESTMENTS LIMITED

Declaration of Voting Results & Voting Rights Announcements • Dec 4, 2017

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RNS Number : 2776Y

Globalworth Real Estate Inv Ltd

04 December 2017

Globalworth Real Estate Investments Limited

("Globalworth" or the "Company")

EGM Results

Globalworth Real Estate Investments Limited (the "Company") is pleased to announce that the resolutions (the "Resolutions") proposed at the Extraordinary General Meeting of the Company held today were duly passed. 

As announced on 27 November 2017, the Company intends to proceed with an equity fundraising to raise approximately €300 million through a non-pre-emptive placing of new ordinary shares (the "Placing Shares"), with the ability to increase this dependent on demand (the "Placing"). 

In summary, the Resolutions were to provide the shareholder authorities necessary to issue the Placing Shares pursuant to the Placing.

Further details of the Resolutions were set out in the circular to shareholders dated 14 November 2017.

Details of the proxy votes received in respect of the Resolutions are set out below:

Resolution	For		Against		Withheld
	Number	%	Number	%	Number	%
1: ORDINARY RESOLUTION: General authority to issue Shares	77,125,059	100	0	100	0	0
2: SPECIAL RESOLUTION: Disapplication of general pre-emption rights	77,125,059	100	0	100	0	0

For further information visit www.globalworth.com  or contact:  

Andrew Cox Head of Investor Relations & Corporate Development	Tel: +44 20 3026 4027
Andrew Potts Panmure Gordon (Nominated Adviser and Joint Broker)	Tel: +44 20 7886 2500
Stuart Klein Jefferies (Joint Broker)	Tel: +44 20 7029 8000
Tim Draper Milbourne (Public Relations)	Tel: +44 7921 881 800

About Globalworth

Globalworth is a real estate investment company active in Central and Eastern Europe, and has become the leading office investor in the Romanian real estate market. Globalworth acquires, develops and directly manages high-quality office and logistics/light-industrial real estate assets in prime locations, through which it benefits from a strong rental income profile from high quality tenants from around the globe.  With approximately 70 professionals managing it, Globalworth's portfolio, as at 30 September 2017, was valued in excess of €1 billion, of which 90% is in income-producing assets and over 80% in the office sector. Globalworth has a strong and supportive investor base, having been listed on the AIM Market of London Stock Exchange since 2013 and in 2017 issued its debut Eurobond on the Irish and Bucharest stock exchanges.

On 29 November Globalworth announced that its strategic investment in Griffin Premium R.E.. N.V. ("GPRE") had become unconditional and it is to acquire a 67.9% shareholding. GPRE is a pure-play Polish real estate platform that primarily owns high-quality office and mixed-use assets located in Warsaw and across a number of other key cities, notably Wroclaw, Lodz, Krakow and Katowice. Its portfolio comprises six office and three mixed-use (office and retail) properties, and benefits from a further pipeline of contracted acquisitions. For more information please refer to related regulatory announcements.

This information is provided by RNS

The company news service from the London Stock Exchange

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