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GTC - Globe Trade Centre S.A. — Major Shareholding Notification 2018
Apr 3, 2018
5627_rns_2018-04-03_66516a2f-afee-468e-806e-1dc7df00f7e0.html
Major Shareholding Notification
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Subject: Inside information
The Management Board of Globe Trade Centre S.A. informs about receivingon 2 April 2018 from the majority shareholder in the Company, LSREF IIIGTC Investments B.V. ("Lone Star"), with its registered head office inAmsterdam, the Netherlands, a notification that Lone Star decided toreview its options in relation to its investment in Globe Trade CenterS.A. and appointed J.P.Morgan and UBS to assist them in this strategicreview.
Pursuant to the notification, amongst the options under review, LoneStar is considering a sale of its entire stake to a strategic orfinancial investor and is not contemplating a placing of any of itsshares in the public equity markets by way of an accelerated bookbuilding.
Lone Star also confirmed in the notification its continued support forthe management team, who, over last few years, has been successfullyre-aligned the strategy with value creation.
Legal grounds:Article 17 of the Regulation (EU) No596/2014 of the European Parliament and of the Council of 16 April 2014on market abuse (Market Abuse Regulation) and repealing Directive2003/6/EC of the European Parliament and of the Council and CommissionDirectives 2003/124/EC, 2003/125/EC and 2004/72/EC