Posting of Circular and Notice of EGM

About this update from Globalworth Real Estate Investments Limited

[{"type":"text","content":"\n \nRNS Number : 9035N Globalworth Real Estate Inv Ltd 01 November 2016  \n\nGlobalworth Real Estate Investments Limited\nPosting of Circular and Notice of EGM\nGlobalworth Real Estate Investments Limited (the \"Company\") is pleased to announce that it has agreed the terms of a new fee arrangement (the \"Plan\") for its subsidiary, Globalworth Investment Advisers Limited, the Company's internal investment adviser, and that it is today posting a circular to Shareholders in connection with the Plan.\nThe Circular sets out the background to, and the reasons for, the Plan; why the Directors believe that it will assist in promoting the success of the Company for the benefit of the Shareholders as a whole; and provides further detail in relation to the Plan. It also includes a recommendation from the independent non-executive Directors that Shareholders vote in favour of the resolutions to be proposed at the Extraordinary General Meeting approving the Plan.\nThe Extraordinary General Meeting will be held at the registered office of the Company at Ground Floor, Dorey Court, Admiral Park, St Peter Port, Guernsey, GY1 2HT at 9.30 a.m. on 25 November 2016.\nA full copy of the circular which includes the Notice of EGM can be found here: \nwww.globalworth.com/investor-relations/key-corporate-documents.aspx\nThe information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.\nFor further information visit www.globalworth.com or contact:  \n\n\n\n\nGlobalworth Real Estate Investments Limited\nDimitris Raptis\n \n\n\nTel: +40 372 800 000\n\n\n\n\nPanmure Gordon (Nominated Adviser and Joint Broker)\nAndrew Potts\n \n\n\nTel: +44 20 7886 2500\n \n\n\n\n\nCantor Fitzgerald Europe (Joint Broker)      \nRick Thompson\nDavid Foreman\n \n\n\nTel: +44 20 7894 7000\n\n\n\n\nMilbourne (Public Relations)\nTim Draper\n\n\nTel: +44 07903 802545\n \n\n\n\n\n \nAbout Globalworth\nGlobalworth Real Estate Investments Limited is a real estate investment company founded by real estate investor and developer Ioannis Papalekas currently focused on taking advantage of investment opportunities in Romania. The Company's shares were admitted to trading on AIM in July 2013.\nThe Romanian market offers an a...

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