Globalworth issues 9.2 million shares via scrip dividend
Globalworth Real Estate Investments Limited has announced plans to issue 9,232,888 new ordinary shares as part of a scrip dividend in lieu of a cash dividend, according to a press release. This decision was made by shareholders who hold 176,743,958 ordinary shares, or about 58.8% of the company's total issued share capital at the time.
The company will distribute €8.7 million in cash to shareholders who opted for the cash dividend instead of the scrip alternative. The new shares are set to begin trading on the Alternative Investment Market (AIM) on October 9, 2026. After the issuance, Globalworth's total number of ordinary shares in issue, not including treasury shares, will increase to 309,769,948.
These new shares will hold the same rights as existing ordinary shares. Globalworth is a real estate company listed on the London Stock Exchange's AIM segment, specializing in office and industrial properties throughout Central and Eastern Europe. The company's portfolio, valued at €2.6 billion as of June 30, 2026, is primarily located in Warsaw, Wroclaw, Lodz, Krakow, Gdansk, Katowice, Bucharest, Constanta, and Craiova.
About 98.3% of Globalworth's property portfolio consists of income-generating assets, mainly office space leased to over 650 national and multinational corporations.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
