GLPR.L Regulatory News (GLPR)

For immediate release 30 August 2017

Global Ports Investments PLC

Bryan Smith to continue to serve as Senior INED

Global Ports Investments PLC (and together with its subsidiaries and joint ventures, "the Group"), (LSE ticker: GLPR) announces that Capt. Bryan Smith will continue to serve as Senior Independent Non-Executive Director until the next Annual General Meeting (AGM) of Shareholders in 2018.

Capt. Bryan Smith was appointed as a member of the Board of Directors in 2008 and has guided the Group through a number of important milestones, including its IPO on the London Stock Exchange and the transformative acquisition of NCC. As of this month, Captain Bryan Smith will have served on the Board of Directors for nine years but as the Directors have determined that this will not impair his independence for the remaining part of the year, he will continue to serve as Senior Independent Non-Executive Director until the next AGM. In making this determination, the Board considered the independent judgment and impartial commitment to the Group Captain Bryan Smith has exhibited over the past years and the fact that his deep industry expertise and extensive international experience are important assets for the decision-making process of the Group.

On 12 May 2017, the AGM adopted a resolution to re-elect Capt. Bryan Smith as a Director of the Company for a period of one year with no changes in the level of his remuneration, holding the office until the conclusion of the annual general meeting of the Members of the Company to be held in 2018.

ENQUIRIES

Global Ports Investor Relations

Mikhail Grigoriev / Yana Gabdrakhmanova

+7 495 989 4769

Email: ir@globalports.com

Global Ports Media Relations

Anna Vostrukhova

+7 495 989 4769

E-mail: media@globalports.com 

Teneo Blue Rubicon

Laura Gilbert / Sabine Pirone

+44 20 7260 2700

E-mail: globalports@teneobluerubicon.com

NOTES TO EDITORS

Global Ports Investments PLC is the leading operator of container terminals in the Russian market.

Global Ports' terminals are located in the Baltic and Far East Basins, key regions for foreign trade cargo flows. Global Ports operates five container terminals in Russia (Petrolesport, First Container Terminal, Ust-Luga Container Terminal[1] and Moby Dik[2] in the Russian Baltics, and Vostochnaya Stevedoring Company in the Russian Far East) and two container terminals in Finland[3] (Multi-Link Terminals Helsinki and Multi-Link Terminals Kotka). Global Ports also owns inland container terminals Yanino Logistics Park[4] and Logistika-Terminal[5], both located in the vicinity of St. Petersburg, and has a 50% stake in the major oil products terminal AS Vopak E.O.S.[6] in Estonia.

Global Ports' Revenue for 2016 was USD 331.5 million and Adjusted EBITDA was USD 224.3 million*. Consolidated Marine Container Throughput was 1,128 thousand TEU* in 2016.

Global Ports' major shareholders are Transportation Investments Holding Limited (operating under the brand name of N-Trans), one of the largest private transportation and infrastructure groups in Russia (30.75%), and APM Terminals B.V. (30.75%), whose core expertise is the design, construction, management and operation of ports, terminals and inland services. APM Terminals operates a global terminal network of 73 ports and 140 inland services facilities, giving the company a global presence in 69 countries. 20.5% of Global Ports shares are traded in the form of global depositary receipts listed on the Main Market of the London Stock Exchange (LSE ticker: GLPR).

For more information please see: www.globalports.com

LEGAL DISCLAIMER

Some of the information in these materials may contain projections or other forward-looking statements regarding future events or the future financial performance of Global Ports. You can identify forward looking statements by terms such as "expect", "believe", "anticipate", "estimate", "intend", "will", "could," "may" or "might" or the negative of such terms or other similar expressions. Global Ports wishes to caution you that these statements are only predictions and that actual events or results may differ materially. Global Ports does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Global Ports, including, among others, general political and economic conditions, the competitive environment, risks associated with operating in Russia and market change in the industries Global Ports operates in, as well as many other risks related to Global Ports and its operations.