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GUERNSEY - Globalworth Real Estate Investments Limited, a prominent real estate investment company, has announced its Annual General Meeting (AGM) will be held on June 23, 2025, at its registered office in St Peter Port, Guernsey. The company has also released its 2024 Annual Report, accessible through its website.
The AGM will address standard business matters and include voting on two additional resolutions related to the company’s Share Award Plan. Under the Plan, eligible employees can acquire company shares that cannot be issued until at least 12 months post-award. Globalworth is proposing a put option for these employees, allowing them to sell their shares back to the company within a three-month period after issuance at the original issue price.
The total number of shares involved in this proposed buyback is 106,600, representing 0.037% of the company’s current total voting rights. The board seeks authorization to execute the Buy Back Instrument through proposed Resolution 9, while Resolution 10 is intended to permit the company to repurchase the Sale Shares even after the authority to execute the Buy Back Instrument has expired.
This announcement comes as part of the company’s routine corporate governance and shareholder engagement processes. Shareholders are encouraged to review the Letter to Shareholders and the Notice of AGM in full before making any decisions.
The information provided here is based on a press release statement from Globalworth Real Estate Investments Limited.
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