Business

Transaction in Own Shares

Transaction in Own Shares.

articleGlobalworth Real Estate Investments LimitedApril 29, 20193/company/globalworth-real-estate-investments-limited/news/transaction-in-own-shares-874
Transaction in Own Shares

About this update from Globalworth Real Estate Investments Limited

[{"type":"text","content":"\n \nRNS Number : 3972X Globalworth Real Estate Inv Ltd 29 April 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.\n \n29 April 2019\nGlobalworth Real Estate Investments Limited \n(\"Globalworth\" or the \"Company\")\nPurchase of own shares, transfer of shares to GIAL, TVR\n \nThe Company announces that on 25 April 2019 it purchased 300,000 ordinary shares of no par value in the Company at €9.10 per share with these shares to be allocated as follows:\n·   162,981 shares to be held by the Company in treasury and utilised to meet obligations arising under share award plans in place for the Group;\n·   137,019 shares to be immediately transferred to its wholly owned subsidiary Globalworth Investment Advisers Limited (\"GIAL\"). These shares are being allocated in satisfaction of part of the outstanding fees for the year ended 31 December 20181.\n \nFollowing the above, the Company holds 256,957 ordinary shares in treasury. The total number of ordinary shares in issue excluding shares held as treasury shares is 190,477,504, and this is the total number of the voting rights in the Company which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change in the interest, in the share capital of the Company under Chapter 5 of the FCA's Disclosure and Transparency Rules as reflected in the Company's articles of incorporation.\n \n \nFor further information visit www.globalworth.com or contact:  \nEnquiries  \nAndrew Cox                                                                                        &nbs...

More updates from Globalworth Real Estate Investments Limited