Globalworth confirmed the completion of the delisting of its Polish subsidiary, Globalworth Poland Real Estate N.V. from the Warsaw Stock Exchange with effect from 29 September 2019. With the company's shareholding in GPRE having reached 99.92%, the remaining shares in GPRE will now be acquired through a mandatory acquisition, thereby completing this process.
Dimitris Raptis, Deputy Chief Executive Officer and Chief Investment Officer of Globalworth, commented: "The acquisition of the outstanding minorities in our Polish subsidiary simplifies Globalworth's corporate structure and will improve efficiency at Group level, while reiterating our commitment to this important and fast developing market."
