23 Sep 2013 07:00
For immediate release 23 September 2013
Global Ports Investments PLC announces
Interim dividend record date and payment date
Global Ports Investments PLC ("Global Ports" or the "Company", together with its subsidiaries and joint ventures, the "Group"; LSE ticker: GLPR) today announces that the Board of Directors of the Company has approved an interim dividend of 0.07 USD per share (equal to 0.21 USD per GDR).
Indicatively the Global Depositary Receipt ("GDR") dividend record date is set for 26 September 2013. Indicatively the GDRs would be marked ex-dividend on 24 September 2013. The record date and ex-dividend date are tentative and are subject to London Stock Exchange regulations. Payment is expected to be made before 20 October 2013.
Holders of GDRs of the Company will, according to the terms of the GDR deposit agreement, receive the dividends approximately three business days after the payment date.
ENQUIRIES
Global Ports Investor Relations
Mikhail Grigoriev+357 25 503 163Email: irteam@globalports.com
Global Ports Media Relations
Anna Vostrukhova+357 25 503 163E-mail: media@globalports.com
StockWell Communications
Laura Gilbert / Zoe Watt+44 20 7240 2486E-mail: globalports@stockwellgroup.com
NOTES TO EDITORS
Global Ports
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 three container terminals in Russia (Petrolesport and Moby Dik1 in St. Petersburg, Vostochnaya Stevedoring Company in the Vostochny Port) and two container terminals in Finland (Multi-Link Terminals Helsinki and Multi-Link Terminals Kotka2). Global Ports group also operates Yanino Logistics Park3, located in the vicinity of St. Petersburg, and owns a 50% share in the major oil product terminal AS Vopak E.O.S. in Estonia.
1 Global Ports owns 75% stakes in Moby Dik, Multi-Link Terminals Helsinki, Multi-Link Terminals Kotka and Yanino Logistics Park2 See above
Global Ports' consolidated revenue for the first six months 2013 was USD 249.1 million4. Adjusted EBITDA for the first six months of 2013 was USD 137.7 million. The Group's Russian Ports segment handled a total container throughput of approximately 707 thousand TEUs in the first six months of 2013 (excluding Yanino).
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 (37.5%), and APM Terminals B.V., whose core expertise is the design, construction, management and operation of ports, terminals and inland services with a global terminal network of 62 operating port facilities and 160 Inland Services operations, giving APM Terminals a global presence in 68 countries (37.5%). The remaining 25% of Global Ports shares are in public hands and held in the form of global depositary receipts listed on the Main Market of the London Stock Exchange (LSE ticker: GLPR).
On 2 September 2013, Global Ports announced that it had entered into binding arrangements to acquire (subject to certain conditions) 100% of the share capital of NCC Group Limited ("NCC Group"). NCC Group (together with its subsidiaries) is an operator of two marine container terminals in the Russian Baltic basin and one in-land container facility in Leningrad region.
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 the Company. You can identify forward looking statements by terms such as "expect", "believe", "anticipate", "estimate", "intend", "will", "could", "plan", "may" or "might" or the negative of such terms or other similar expressions. The Company wishes to caution you that these statements are only predictions and that actual events or results may differ materially. The Company 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 or events to differ materially from those contained in projections or forward-looking statements of the Company, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia and market change in the industries the Company operates in, as well as many other risks specifically related to the Company and its operations, including the completion of the acquisition of NCC Group and the Company's ability to realise the benefits of that acquisition.