23 Jan 2013 10:10
For immediate release 23 January 2013
EGM AND DIVIDEND RECORD DATE ANNOUNCEMENT
Global Ports Investments PLC ("the Company" and, together with its subsidiaries and joint ventures, "Global Ports" or "the Group"), the leading container terminal operator serving Russian cargo flows (LSE ticker: GLPR) today announces that the Company held its Extraordinary General Meeting of shareholders ("EGM") on 23 January 2013 under the chairmanship of Mr. Konstantin Shirokov, Non-Executive Director.
The EGM was held on 23 January 2013 at 10:00 am Cyprus time at 6 Karaiskakis Street, City House, P.C. 3032 Limassol, Cyprus, and had a quorum with 293,750,001 shares of the Company, which constitutes 100 % of the issued share capital of the Company entitled to participate in this meeting and vote on the matters of the agenda.
The EGM adopted the following resolutions:
1. To terminate the authority and approve the resignation of all members of the Board of Directors of the Company.
2. To appoint Mr. Kim Fejfer as a director of the Company until the next annual general meeting of shareholders of the Company with no remuneration.
3. To appoint Mr. Alexander Iodchin as a director of the Company until the next annual general meeting of shareholders of the Company with an annual gross remuneration of EUR 287,000.
4. To appoint Mr. Robert Dirk Korbijn as a director of the Company until the next annual general meeting of shareholders of the Company with no remuneration.
5. To appoint Mr. Mikhail Loganov as a director of the Company until the next annual general meeting of shareholders of the Company with no remuneration.
6. To appoint Mr. Tiemen Meester as a director of the Company until the next annual general meeting of shareholders of the Company with no remuneration.
7. To appoint Mrs. Laura Michael as a director of the Company until the next annual general meeting of shareholders of the Company with no remuneration.
8. To appoint Mr. Nikita Mishin as a director of the Company until the next annual general meeting of shareholders of the Company with no remuneration.
9. To appoint Mr. Alexander Nazarchuk as a director of the Company until the next annual general meeting of shareholders of the Company with no remuneration.
10. To appoint Mr. Konstantin Shirokov as a director of the Company until the next annual general meeting of shareholders of the Company with no remuneration.
11. To appoint Capt. Bryan Smith as a director of the Company until the next annual general meeting of shareholders of the Company with an annual gross remuneration of USD 290,000.
12. To appoint Mr. Georgios Sofocleous as a director of the Company until the next annual general meeting of shareholders of the Company with no remuneration.
13. To appoint Mrs. Chrystalla Stylianou as a director of the Company until the next annual general meeting of shareholders of the Company with no remuneration.
14. To appoint Mr. Michael Thomaides as a director of the Company until the next annual general meeting of shareholders of the Company with an annual gross remuneration of EUR 50,424.
15. To appoint Mrs. Siobhan Walker as a director of the Company until the next annual general meeting of shareholders of the Company with an annual gross remuneration of EUR 75,000.
16. To approve the distribution by the Company of a special dividend out of the Company's retained earnings for the years 2008-2011 in the amount of 0.17 USD per share.
The dividend record date is set for 28 January 2013. GDRs will be marked ex-dividend on 24 January 2013.
The payment of the dividends is expected by 28 February 2013.
ENQUIRIES
GLOBAL PORTS:
Investor Relations
Mikhail Grigoriev
+357 25 503 163
Email: irteam@globalports.com
Media Relations
Anna Vostrukhova
+357 25 503 163
Email: media@globalports.com
Holloway & Associates
Laura Gilbert, Zoe Watt
+44 20 7240 2486
Email: globalports@rholloway.com
NOTES TO EDITORS
Global Ports Investments PLC is the leading operator of container terminals in the Russian market. Global Ports accounts for 30% of the total container volumes in Russian ports and 23% of the total exports of fuel oil from the former Soviet Union countries.
Global Ports' terminals are located in the Baltic and Far East Basins, key regions for foreign trade cargo flows. Global Ports operates three container terminals in Russia (Petrolesport and Moby Dik in St. Petersburg, Vostochnaya Stevedoring Company in the Vostochny Port) and two container terminals in Finland (Multi-Link Terminal Helsinki and Multi-Link Terminal Kotka). Global Ports group also includes Yanino Logistics Park located in the vicinity of St. Petersburg and a major oil terminal, Vopak E.O.S., in Estonia.
Global Ports' consolidated revenue for the six months ended 30 June 2012 was USD 255.7 million. Adjusted EBITDA for the year six months ended 30 June 2012 was USD 145 million.
The Group's Russian Ports segment handled a total container throughput of approximately 709 thousand TEUs in the first half of 2012 (excluding Yanino).
N-Trans group, one of the largest private transportation and infrastructure operators in Russia, owns 37.5% of Global Ports. APM Terminals also owns a 37.5% stake in Global Ports. Headquartered in The Hague, Netherlands, APM Terminal's core expertise is the design, construction, management and operation of ports, terminals and inland services with a Global Terminal Network of 56 operating port facilities and 155 Inland Services operations, giving APM Terminals a global presence in 64 countries.
In June 2011 Global Ports listed its GDRs on the Main Market of the London Stock Exchange (LSE ticker: GLPR).
For more information please see: www.globalports.com