Statement re Offer

About this update from Globalworth Real Estate Investments Limited

[{"type":"text","content":"\n \n \n \n RNS Number : 4259V\n Globalworth Real Estate Inv Ltd\n 14 April 2021\n  \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. \n \n \n FOR IMMEDIATE RELEASE\n \n \n 14 April 2021\n \n \n \n \n \n \n Globalworth Real Estate Investments Limited (\"Globalworth\" or the \"Company\")\n \n \n \n Statement regarding unsolicited offer from CPI Property Group S.A. and Aroundtown SA (the \"Consortium\")\n \n \n The Company notes the announcement today by CPI Property Group S.A. and Aroundtown SA of a firm intention to make a cash offer for the entire issued, and to be issued, share capital of Globalworth not already owned or controlled by the Consortium at EUR 7.00 per Globalworth share pursuant to Rule 2.7 of the City Code on Takeovers and Mergers (the \"Offer\"). \n \n \n Following the Consortium notifying the Company of its intention to make an offer, the Company established an independent committee of the Board. No proposal or details as to the terms of any offer were received by the Company before this morning's announcement. The independent committee will evaluate the Offer and a further announcement will be made in due course.\n \n \n Shareholders are strongly advised to take no action in relation to the Offer at this time.\n \n \n Enquiries: \n \n  \n \n \n \n \n Globalworth \n \n \n \n \n \n   \n \n Tel: +40 372 800 000 \n \n \n \n \n \n \n Geoff Miller, Chair of the Board\n \n \n \n  \n \n \n \n  \n \n \n \n \n J.P. Morgan Cazenove (Financial Adviser)\n \n \n \n \n \n   \n \n Tel: +44 20 7742 4000 \n \n \n \n \n \n \n Massimo Saletti / Leon Li\n \n \n Dwayne Lysaght / Jonty Edwards\n \n \n \n  \n \n \n \n \n \n \n \n \n \n \n \n  \n \n \n \n \n \n Panmure Gordon (Nominated Adviser and Joint Broker)  \n \n \n \n \n \n   \n \n Tel: +44 20 7886 2500 \n \n \n \n \n \n \n Dominic Morley / Alina Vaskina / Joanna Langley\n \n \n \n  \n \n \n \n \n  \n \n \n Disclaimer\n \n \n J.P. Morgan Securities plc, which conducts its UK investment banking business as J.P. Morgan Cazenove (\"J.P. Morgan Cazenove\"), is authorised in the United Kingdom by the Prudential Regulation Authority (the \"PRA\") and regulated in the United Kin...

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