Director/PDMR Shareholdings

About this update from Globalworth Real Estate Investments Limited

[{"type":"text","content":"\n \n \n RNS Number : 3155S\n Globalworth Real Estate Inv Ltd\n 07 July 2020\n  \n \n \n \n The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this information is considered to be in the public domain.\n \n \n  \n \n \n 7 July 2020\n \n \n  \n \n \n Globalworth Real Estate Investments Limited (the \"Company\" or \"Globalworth\")\n \n \n  \n \n \n Director/PDMR Shareholdings\n \n \n  \n \n \n The Company confirms the distribution by Globalworth Investment Advisers Limited (\"GIAL\"), its wholly owned subsidiary, of 33,425 Ordinary Shares to GIAL's preference shareholders who are also Directors or PDMRs of the Company, comprising part of the second of three tranches of the Ordinary Shares that were allotted to GIAL in part settlement of the Variable Annual Fee due to GIAL by the Company for the year ended 31 December 2018 under the previous incentive fee arrangements (the \"Plan\"). These Ordinary Shares are subject to a 12 month lock-up period.\n \n \n  \n \n \n The Ordinary Shares have been allocated in the following proportions:\n \n \n  \n \n \n \n \n \n Ioannis Papalekas\n \n \n \n \n Founder and Chief Executive Officer\n \n \n \n \n 25,641 Ordinary Shares\n \n \n \n \n \n \n Dimitris Raptis\n \n \n \n \n Co-CEO and Chief Investment Officer\n \n \n \n \n 7,784 Ordinary Shares\n \n \n \n \n \n  \n \n \n Following the above transactions, Mr Papalekas holds a beneficial interest in 25,641 Ordinary Shares, equivalent to 0.01 per cent. of the Company's issued Ordinary Share capital.\n \n \n  \n \n \n Mr Raptis holds a beneficial interest in 739,854 Ordinary Shares, equivalent to 0.33 per cent. of the Company's issued Ordinary Share capital.  \n \n \n  \n \n \n The Notification of Dealing Forms provided in accordance with the requirements of MAR in relation to the transactions listed above are set out below:\n \n \n  \n \n \n Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them\n \n \n  \n \n \n \n \n \n  1\n \n \n  \n \n \n \n \n \n Details of the person discharging managerial responsibilities / person closely asso...

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