Globalworth Real Estate Investments Limited
EGM Results
Globalworth Real Estate Investments Limited (the "Company") is pleased to announce that the resolutions (the "Resolutions") proposed at the Extraordinary General Meeting held today were duly passed.
In summary, the Resolutions were to authorise the Board, as permitted by and in accordance with the Articles, to exercise the powers of the Company to issue, grant options to subscribe for, or to convert any securities into, shares in the Company and to authorise the Board to be able to offer Shareholders the opportunity to elect to receive scrip dividends in the form of Shares instead of a cash dividend.
Further details of the Resolutions were set out in the circular to shareholders dated 31 July 2017.
Details of the proxies from shareholders in respect of the Resolutions are set out below:
Resolution |
For |
Against |
Withheld |
|
Number |
% |
Number |
% |
Number |
% |
1: ORDINARY RESOLUTION: General authority to issue Shares |
80,330,501 |
98.13 |
1,528,224 |
1.87 |
0 |
0 |
2: SPECIAL RESOLUTION: Disapplication of general pre-emption rights |
80,609,112 |
98.47 |
1,249,613 |
1.53 |
0 |
0 |
3: ORDINARY RESOLUTION: Approval of Scrip Dividend Authority |
81,858,725 |
100 |
0 |
|
0 |
0 |
For further information visit www.globalworth.com or contact:
Globalworth Real Estate Investments Limited
Dimitris Raptis
Tel: +40 372 800 000
Panmure Gordon (Nominated Adviser and Joint Broker)
Andrew Potts
Tel: +44 20 7886 2500
Jefferies (Joint Broker)
Stuart Klein
Tel: +44 20 7029 8000
Milbourne (Public Relations)
Tim Draper
Tel: +44 7903 802545
About Globalworth
Globalworth is a real estate investment company active in the SEE and CEE regions with a prime focus on Romania. The Company is internally managed by c.70 professionals and its portfolio comprises high quality real estate investments valued at c.€1.0 billion at 30 June 2017, all located in Romania.
