Result of EGM

About this update from Globalworth Real Estate Investments Limited

[{"type":"text","content":"\n \nRNS Number : 5252U Globalworth Real Estate Inv Ltd 29 March 2019  \n\nThe 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.\n29 March 2019\nGlobalworth Real Estate Investments Limited\n(\"Globalworth\" or the \"Company\")\nResult of EGM\nGlobalworth, the leading office investor in Central and Eastern Europe, is pleased to announce that the Resolutions proposed at the Extraordinary General Meeting of the Company held today were duly passed. \nThe purpose of the EGM was to authorise the Board, as permitted by and in accordance with the Articles, to issue up to 55,000,000 New Shares pursuant to (i) a proposed placing for cash of up to 38,000,000 New Shares (the \"Placing\"); and (ii) the proposed issue of up to 17,000,000 New Shares to Growthpoint Properties International (Pty) Ltd (or its nominee) (\"Growthpoint International\") in exchange for Growthpoint International's 21.58 per cent. interest in the Globalworth Poland Real Estate N.V. (\"GPRE\") (the \"GPRE Exchange\" and, together with the Placing, the \"Proposals\"). \nA further announcement in connection with the Proposals will be made in due course.\nDetails of the proxy votes received in respect of the Resolutions are set out below:\n\n\n\nResolution\n\n\nFor\n\n\nAgainst\n\n\nWithheld\n\n\n\n\n\n\n\nNumber\n\n\n%\n\n\nNumber\n\n\n%\n\n\nNumber\n\n\n%\n\n\n\n\n1: ORDINARY RESOLUTION: General authority to issue Shares \n\n\n82,501,616\n \n \n\n\n100\n\n\n0\n \n\n\n0\n\n\n0\n\n\n0\n\n\n\n\n2: SPECIAL RESOLUTION: Disapplication of general pre-emption rights \n\n\n82,266,796\n\n\n99.72\n\n\n234,820\n\n\n0.28\n\n\n0\n\n\n0\n\n\n\n \nA full copy of the Circular convening the EGM is available here:\nhttps://www.globalworth.com/investor-relations/key-corporate-documents\n \nFor further information visit www.globalworth.com or contact: \n \n\n\n\nAndrew Cox\nHead of Investor Relations & Corporate Development\n\n\nTel: +44 20 3026 4027\n\n\n\n\n \nJefferies (Joint Broker)\nStuart Klein\n\n\n                     ...

More updates from Globalworth Real Estate Investments Limited