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Share Price: 206.00
Bid: 202.00
Ask: 205.00
Change: 4.00 (1.98%)
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Open: 208.00
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Majority Turkish Investor Cuts Stake In Global Ports To 59% From 66% (ALLISS)

Fri, 30th Nov 2018 09:47

LONDON (Alliance News) - Global Ports Holding PLC said Friday that shareholder Global Yatirim Holding AS sold 4.0 million shares in the company, or 6.4% of its shares.

The sale was made at 435 pence each. Shares in the cruise and commercial port operator were trading down 10% at 445.00 pence each on Friday.

Late Thursday, Global Ports had said that about 3.0% of its share capital, would be sold in a secondary placing, from which it would not receive any proceeds.

Global Yatirim Holding AS - an Instanbul-listed brokerage firm - owns 66% of Global Ports through its wholly-owned subsidiary Global Ports Holding BV. On Thursday, it proposed to sell a minimum of 2 million shares at a price of 435 pence each. It decided however, to increase the number to 4.0 million after additional investor demand, Global Ports said Friday.

After the sale, Global Yatirim retains a 59.3% stake in Global Ports.

Global Ports said it also understood that, Centricus Partners LP, which holds a 31.25% stake in Global Yatirim, and its affiliates have acquired in aggregate 2.3% of Global Ports after participating in the placing.

The placing was managed by Barclays Bank PLC, Citigroup Global Markets Ltd and Shore Capital Ltd, who acted as joint global coordinators and joint bookrunners.

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5 Apr 2024 13:50

IN BRIEF: Global Ports given preferred bidder status for Moroccan port

Global Ports Holding PLC - London-headquartered cruise operator - Says a consortium, in which it holds a 51% interest, has been awarded preferred bidder status for a 15-year concession to operate the new Casablanca cruise terminal, Morocco. Says terms of the concession agreement are being discussed. The new cruise port is set to be completed in time for the 2030 FIFA World Cup, partly hosted in Morocco.

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3 Apr 2024 13:09

IN BRIEF: Global Ports Holding signs 50-year deal for Liverpool port

Global Ports Holding PLC - London-based cruise port operator - Signs 50-year agreement with Peel Ports Group's subsidiary, Mersey Docks & Harbour Co Ltd, to operate cruise services at Liverpool Cruise Port. Global Ports expects to take over operations of the port this month and will pay upfront charges, without disclosing financial details. The company plans to invest up to GBP25 million in the ports infrastructure, "which all stakeholders believe should act as a catalyst to unlock the future potential. This investment will include the addition of a new floating dock that will increase capacity and allow for the simultaneous berthing of two 300-metre ships and over 7,000 passengers a day," it says. Adds that the cruise port is well-positioned to participate in the growing northern European, British and Irish cruise markets, alongside having good airport connectivity.

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19 Feb 2024 14:19

IN BRIEF: Global Ports subsidiary begins cruise operations at port

Global Ports Holding PLC - London-based cruise port operator - Says its subsidiary San Juan Cruise Port LLC successfully reaches financial closing of the public-private partnership agreement and simultaneously concluded the debt financing for the initial phase of its investment in San Juan Cruise Port in Puerto Rico. The PPP was achieved through the issuance by San Juan Cruise Port of two bonds totalling USD187 million. Global Ports says the company has now taken over cruise operations at the port for Global Ports Holding.

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19 Dec 2023 13:51

Global Ports swings to profit as passengers rise but revenue declines

(Alliance News) - Global Ports Holding PLC on Tuesday announced a swing to profit in its latest half year amid "exceptionally strong" demand, and said it expects "further significant growth".

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10 Nov 2023 10:47

Global Ports raises guidance as cruise passenger numbers jump 50%

(Alliance News) - Global Ports Holding PLC on Friday said a surge in the number of people taking cruises gave a boost to adjusted earnings.

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10 Nov 2023 10:32

Global Ports ups passenger targets after impressive first half

(Sharecast News) - UK-listed Global Ports Holdings, the world's largest cruise port operator, has raised its forecasts for passenger numbers this year after a stronger-than-expected first half.

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6 Sep 2023 14:25

IN BRIEF: Global Ports Holding signs 10-year Bremeverhaven port deal

Global Ports Holding PLC - cruise port operator - Signs 10-year port concession agreement, with a potential 5-year extension option, with bremenports GmbH & Co KG, on behalf of the German city of Bremen regarding the operations at the cruise terminal Columbusbahnhof Bremerhaven. The cruise facilities are undergoing a multimillion-euro investment by the local authorities, Global Ports Holding says. In 2022, Bremeverhaven cruise port recorded 230,000 passengers. "The location of the port means it is ideally located for Scandinavian and Baltic Sea itineraries," the company says. It expects to take over port operations in the first quarter of 2025.

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24 Aug 2023 15:48

UK shareholder meetings calendar - next 7 days

Friday 25 August 
Honye Financial Services LtdAGM
Iconic Labs PLCAGM
Ormonde Mining PLCAGM
Ormonde Mining PLCEGM re AIM delisting and proposed investment in TRU Precious Metals Corp
Monday 28 August 
no events scheduled 
Tuesday 29 August 
Axiom European Financial Debt Fund LtdEGM re liquidation of the company
Livermore Investments Group LtdAGM
TomCo Energy PLCAGM
Wednesday 30 August 
Esken LtdAGM
Gfinity PLCGM re share capital reorganisation
Global Connectivity PLCAGM
Gresham House PLCGM re takeover
Kinovo PLCAGM
Lindsell Train Investment Trust PLCAGM
Vistry Group PLCGM re directors' remuneration policy
WANdisco PLCAGM
Thursday 31 August 
Ajax Resources PLCAGM
Global Ports Holding PLCAGM
Gowin New Energy Group LtdAGM
HealthBeacon PLCAGM
Spectral MD Holdings LtdGM re Rosecliff Acquisition Corp combination
Triple Point Energy Transition PLCAGM
Watches of Switzerland Group PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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18 Aug 2023 10:34

IN BRIEF: Global Ports says cruise port occupancy back to pre-pandemic

Global Ports Holding PLC - London-based operator of 27 cruise ports in 14 countries - Reports adjusted earnings before interest, tax, depreciation and amortisation of USD28.6 million in the three months that ended June 30, its financial first quarter. This is up 86% from USD15.4 million a year before. Adjusted revenue rises by 60% to USD43.3 million from USD27.1 million, as passenger numbers at the ports the company directly manages increases by 76% to 3.1 million from 1.7 million. Total revenue is USD53.4 million, up 17% from USD45.7 million. Last month, Global Ports reported a significantly narrowed pretax loss of USD9.5 million for the financial year that ended March 31 from USD44.5 million in financial 2022.

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14 Jul 2023 14:11

Global Ports launches subscription deal with Global Yatirim Holding

(Alliance News) - Global Ports Holdings PLC said on Friday that it had entered into a subscription agreement with Global Yatirim Holding AS, issuing 5.1 million shares at 206.54 pence each.

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10 Jul 2023 09:31

Global Ports returns to pre-pandemic levels as travel restrictions end

(Alliance News) - Global Ports Holding PLC on Monday reported a narrowed annual loss and a surge in passenger numbers as the company benefited from the lifting of global travel restrictions.

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15 May 2023 21:10

TRADING UPDATES: Online Blockchain keeping ADVFN at "arms length"

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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9 Mar 2023 11:59

TRADING UPDATES: NWF beats market view; AFC hydrogen offering progress

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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20 Dec 2022 22:01

IN BRIEF: Global Ports Holding interim loss narrows on Covid recovery

Global Ports Holding - London-based cruise port operator - Pretax loss in the six months to September 30 narrows to USD4.4 million from USD29.4 million a year ago. Revenue grows 94% to USD118.3 million from USD61.1 million. Passenger number in the first half surges to 4.35 million from 560,000 as Covid restrictions were lifted or eased.

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14 Nov 2022 21:35

TRADING UPDATES: Rogue Baron names chair; Mobile Streams wins contract

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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