Completion of IPO and Admission to trading on AIM

About this update from Globalworth Real Estate Investments Limited

[{"type":"text","content":"\n \nRNS Number : 0950K Globalworth Real Estate Inv Ltd 25 July 2013  \n \n\nFor Immediate Release\n \n25 July 2013\n \nNot for release, publication, distribution or redistribution, in whole or in part, directly or indirectly in, into or from the United States, Canada, Australia, or Japan or any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. This announcement does not constitute an offer or invitation to purchase or subscribe for any securities. The securities have not been registered under the U.S. Securities Act of 1933, as amended (the \"Securities Act\"), and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. The Company does not intend to register any part of the offering in the United States or to conduct a public offering of securities in the United States.\n \n \nGlobalworth Real Estate Investments Limited\n \nCompletion of IPO and Admission to trading on AIM\n \nGlobalworth Real Estate Investments Ltd (\"Globalworth\" or \"the Company\"), a real estate investment company formed to take advantage of investment opportunities in Romania and the broader SEE and CEE regions, today announces the successful completion of its IPO and the admission to trading of its ordinary shares on the AIM Market of the London Stock Exchange (\"Admission\") under the ticker \"GWI\".\n \nThe Company has raised gross proceeds of Euro 53.6m through the issue of 10,718,703 Ordinary Shares to investors, including an investment from the founder of Euro 15m, at a price of Euro 5 (the \"Offer Price\") per Ordinary Share (the \"Placing\"). At Admission, the Company has 10,718,703  Ordinary Shares in issue.\n \nPanmure Gordon acted as Nominated Adviser, Joint Broker and Joint UK Placing Agent to the Company, and Cantor Fitzgerald Europe as Joint Broker and UK Placing Agent. Sunrise Securities acted as Placing Agent and Rosario Underwriting Services as Israel Placing Agent.\n \nDimitris Raptis, Deputy CEO and Chief Investment Officer of Globalworth, commented: \"The combination of yield and capital appreciation will provide investors with a very attractive risk-adjusted return profile resulting from the company's continued investment in commercial real estate assets...

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