GLOBUS MARITIME LTD — Major Shareholding Notification 2011

Feb 8, 2011

SC 13G 1 v210427_sc13g.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON , DC 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. ______ )*

| GLOBUS
MARITIME LIMITED |
| --- |
| (Name
of Issuer) |

| Common
Shares, par value $0.004 per share |
| --- |
| (Title
of Class of Securities) |

| Y27265
209 |
| --- |
| (CUSIP
Number) |

| December
31, 2010 |
| --- |
| (Date
of Event Which Requires Filing of this
Statement) |

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)

o Rule 13d-1(c)

x Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Page 1 of 9 pages

| CUSIP
No — 1. | NAMES
OF REPORTING PERSONS | |
| --- | --- | --- |
| | Lipati
Shipping Company Limited | |
| 2. | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) | |
| | | (a) o |
| | | (b) x |
| 3. | SEC
USE ONLY | |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION | |
| | Cyprus | |
| | NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH | |
| 5. | SOLE
VOTING POWER | |
| | 428,928 | |
| 6. | SHARED
VOTING POWER | |
| | 0 | |
| 7. | SOLE
DISPOSITIVE POWER | |
| | 428,928 | |
| 8. | SHARED
DISPOSITIVE POWER | |
| | 0 | |
| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| | 428,928 | |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) | |
| | Not
Applicable. | o |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | |
| | 5.9%
(1) | |
| 12. | TYPE
OF REPORTING PERSON (SEE INSTRUCTIONS) CO | |

(1) Percentage calculation based on 7,241,865 common shares outstanding as set forth in the Issuer’s Registration Statement on Form F-1/A, filed with the U.S. Securities and Exchange Commission on November 24, 2010.

Page 2 of 9 pages

| CUSIP
No — 1. | NAMES
OF REPORTING PERSONS | |
| --- | --- | --- |
| | Ioannis
Panayiotopoulos | |
| 2. | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) | |
| | | (a) o |
| | | (b) x |
| 3. | SEC
USE ONLY | |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION | |
| | Greece | |
| | NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH | |
| 5. | SOLE
VOTING POWER | |
| | 0 | |
| 6. | SHARED
VOTING POWER | |
| | 428,928
(1) | |
| 7. | SOLE
DISPOSITIVE POWER | |
| | 0 | |
| 8. | SHARED
DISPOSITIVE POWER | |
| | 428,928
(1) | |
| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| | 428,928
(1) | |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) | |
| | Not
Applicable. | o |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | |
| | 5.9%
(2) | |
| 12. | TYPE
OF REPORTING PERSON (SEE INSTRUCTIONS) IN | |

(1) Common shares held by Lipati Shipping Company Limited, a company controlled by Mr. Panayiotopoulos.

(2) Percentage calculation based on 7,241,865 common shares outstanding as set forth in the Issuer’s Registration Statement on Form F-1/A, filed with the U.S. Securities and Exchange Commission on November 24, 2010.

Page 3 of 9 pages

| CUSIP
No | | Y27265
209 |
| --- | --- | --- |
| Item
1. | (a). | Name
of Issuer: |
| | | GLOBUS
MARITIME LIMITED (the “Issuer”) |

| (b). |
| --- |
| 128
Vouliagmenis Avenue, 3rd Floor 166
74 Glyfada Athens,
Greece |

| Item
2. |
| --- |
| Lipati
Shipping Company Limited Ioannis
Panayiotopoulos |

| (b). |
| --- |
| 56
Pindou Street, Chalandri 152
33, Athens, Greece |

(c).
Lipati
Shipping Company Limited	Cyprus
Ioannis
Panayiotopoulos	Greece

(d).
Common
Shares, par value $0.004 per share

(e).
Y27265
209

ITEM 3. If This Statement is filed pursuant to Rules 240.13d-1(b), or 13d-2(b), or (c), check whether the person filing is a: Not applicable

(a) o Broker or dealer registered under Section 15 of the Act;

(b) o Bank as defined in Section 3(a)(6) of the Act;

(c) o Insurance company as defined in Section 3(a)(19) of the Act;

(d) o Investment company registered under Section 8 of the Investment Company Act of 1940;

(e) o An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E);

(f) o An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F);

(g) o A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G);

Page 4 of 9 pages

(h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);

(i) o A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940;

(j) o A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);

(k) o Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

ITEM 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)
Lipati
Shipping Company Limited is the holder of 428,928 common shares of the
Issuer. Mr.
Ioannis Panayiotopoulos controls Lipati Shipping Company
Limited.
Lipati
Shipping Company Limited	428,928
Ioannis
Panayiotopoulos	428,928

(b)
Lipati
Shipping Company Limited	5.9%*
Ioannis
Panayiotopoulos	5.9%*
*
Percentage calculation based on 7,241,865 common shares outstanding as set
forth in the Issuer’s Registration Statement on Form F-1/A, filed with the
U.S. Securities and Exchange Commission on November 24,
2010.

(c) Number of shares as to which Lipati Shipping Company Limited has:

| | Sole
power to vote or to direct the vote | 428,928 |
| --- | --- | --- |
| (ii) | Shared
power to vote or to direct the vote | 0 |
| (iii) | Sole
power to dispose or to direct the disposition of | 428,928 |
| (iv) | Shared
power to dispose or to direct the disposition of | 0 |
| Number
of shares as to which Ioannis Panayiotopoulos has: | | |
| (i) | Sole
power to vote or to direct the vote | 0 |
| (ii) | Shared
power to vote or to direct the vote | 428,928 |
| (iii) | Sole
power to dispose or to direct the disposition of | 0 |
| (iv) | Shared
power to dispose or to direct the disposition of | 428,928 |

Page 5 of 9 pages

ITEM 5. Ownership of 5 Percent or Less of a Class.

| If
this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than 5 percent of the class of securities, check the following o . |
| --- |
| Not
applicable |

ITEM 6. Ownership of More than 5 Percent on Behalf of Another Person.

| If
any other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of,
such securities, a statement to that effect should be included in response
to this item and, if such interest relates to more than 5 percent of the
class, such person should be identified. A listing of the
shareholders of an investment company registered under the Investment
Company Act of 1940 or the beneficiaries of employee benefit plan, pension
fund or endowment fund is not required. |
| --- |
| Not
applicable |

ITEM 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

| If
a parent holding company or control person has filed this schedule,
pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and
attach an exhibit stating the identity and the Item 3 classification of
the relevant subsidiary. If a parent holding company or control
person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d),
attach an exhibit stating the identification of the relevant
subsidiary. |
| --- |
| Not
applicable |

ITEM 8. Identification and Classification of Members of the Group.

| If a group has filed this
schedule pursuant to Rule
13d-1(b)(ii)(J) , so
indicate under Item
3(j) and attach an exhibit stating the identity and Item 3 classification
of each member of the group. If a group has filed this schedule
pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the
identity of each member of the group. |
| --- |
| Not
applicable |

ITEM 9. Notice of Dissolution of Group.

| Notice
of dissolution of a group may be furnished as an exhibit stating the date
of the dissolution and that all further filings with respect to
transactions in the security reported on will be filed, if required, by
members of the group, in their individual capacity. See Item
5. |
| --- |
| Not
applicable |

Page 6 of 9 pages

ITEM 10. Certification.

Not applicable

Page 7 of 9 pages

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

| February
8, 2011 |
| --- |
| Date |
| /s/
Ioannis Panayiotopoulos |
| IOANNIS
PANAYIOTOPOULOS |
| LIPATI
SHIPPING COMPANY LIMITED |
| By: /s/ Philippos
Philippou |
| Name:
Philippos Philippou |
| Title:
Sole Director |

• The Reporting Persons disclaim beneficial ownership over the common shares of the Issuer reported herein except to the extent of the Reporting Persons' voting and dispositive interests in such shares .

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties for whom copies are to be sent.

Attention : Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

Page 8 of 9 pages

Exhibit A

AGREEMENT

The undersigned hereby consent to the filing by any of them of a Statement on Schedule 13G and any amendments thereto, whether heretofore or hereafter filed, relating to the securities of GLOBUS MARITIME LIMITED and affirm that this Schedule 13G is being filed on behalf of each of the undersigned.

| Date:
February 8, 2011 |
| --- |
| /s/
Ioannis Panayiotopoulos |
| IOANNIS
PANAYIOTOPOULOS |
| LIPATI
SHIPPING COMPANY LIMITED |
| By: /s/ Philippos
Philippou |
| Name:
Philippos Philippou |
| Title:
Sole Director |

Page 9 of 9 pages