GLOBALWORTH REAL ESTATE INVESTMENTS LIMITED

Major Shareholding Notification • Apr 26, 2021

National Storage Mechanism | Additional information

RNS Number : 6327W

Globalworth Real Estate Inv Ltd

26 April 2021

FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	GLOBALWORTH REAL ESTATE INVESTMENTS LIMITED
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	GLOBALWORTH REAL ESTATE INVESTMENTS LIMITED
(d) Is the discloser the offeror or the offeree?	OFFEREE
(e) Date position held:      The latest practicable date prior to the disclosure	26 APRIL 2021
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	N/A

2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

Class of relevant security:
	Interests		Short positions
Number	%	Number	%
(1) Relevant securities owned and/or controlled:	NIL		NIL
(2) Cash-settled derivatives:	NIL		NIL
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	NIL		NIL
TOTAL:	NIL		NIL

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

(b)        Rights to subscribe for new securities

Class of relevant security in relation to which subscription right exists:	N/A
Details, including nature of the rights concerned and relevant percentages:	N/A

3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

Interests (beneficial and non-beneficial) held by the directors of Globalworth Real Estate Investments Limited
Name	No of shares	Percentage (%) of total issued share capital (excluding any shares held in treasury)
Geoffrey Miller	12,500	0.0057%
John Whittle	11,900	0.0054%
Dimitris Raptis	751,319	0.3398%
Norbert Sasse	114,286	0.0517%
Interests held by subsidiaries of Globalworth Real Estate Investments Limited
Name	No of shares	Percentage (%) of total issued share capital (excluding any shares held in treasury)
Globalworth Investment Advisers Limited	394,188	0.1783%
Warrants held by the directors of Globalworth Real Estate Investments Limited
Name	No of shares	Exercise price per warrant	Expiry Date
Geoffrey Miller	11,000	€ 5.00	25 July 2023
John Whittle	9,000	€ 5.00	25 July 2023
Options held under the Long Term Incentive Plan by the directors of Globalworth Real Estate Investments Limited
Name	No of shares	Exercise price
Dimitris Raptis	76,2711	NIL 2
1 This is the maximum number of shares, assuming the performance conditions are fulfilled in full. 2 The entitlement to this maximum number of shares will vest at the end of the performance period, which is stated to be 31 December 2021.
Shares awarded under the Deferred Annual Bonus Plan by the directors of Globalworth Real Estate Investments Limited
Name	No of shares	Exercise price
Dimitris Raptis	51,432	NIL (shares already awarded but not yet vested3)

3 The vesting dates for the shares awarded under the DABP are as follows:

·        7,784 shares - 8 July 2021

·      11,464 shares - 24 February 2022

·      10,728 shares - 29 January 2022

·      10,728 shares - 29 January 2023

·      10,728 shares - 29 January 2024

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

4.         OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"
None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to: (i)  the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"
None

(c)        Attachments

Are any Supplemental Forms attached?

Supplemental Form 8 (Open Positions)	NO
Supplemental Form 8 (SBL)	NO

###### Date of disclosure:	26 April 2021
###### Contact name:	Nicola Marrin, Company Secretary
###### Telephone number:	+40 372 800 000

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk.  The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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