12 Sep 2013 10:45
For immediate release 12 September 2013
Notification of Interim 1H 2013 Results Announcement,
Analyst and Investor Conference Call
Global Ports Investments PLC ("Global Ports" or the "Company", together with its subsidiaries and joint ventures, the "Group"; LSE ticker: GLPR) intends to announce its operational results and Interim condensed consolidated financial information (unaudited) for the six month period ended 30 June 2013 at or around 7am UK time on Monday, 23 September 2013.
Concurrently, Global Ports also expects to receive from NCC Group Limited ("NCC Group") and publish the interim condensed consolidated financial information (unaudited) for NCC Group and its subsidiaries for the six month period ended 30 June 2013. This follows the Group's announcement on 2 September that it has agreed to acquire, subject to certain conditions, 100% of the share capital of NCC Group. The Group will also publish selected unaudited illustrative financial metrics for a combined Global Ports / NCC Group.
Conference call
The publication of these results will be accompanied by an analyst and investor conference call hosted by:
· Alexander Nazarchuk, Chief Executive Officer;
· Oleg Novikov, Chief Financial Officer;
· Roy Cummins, Chief Commercial Officer.
Date: Monday, 23 September 2013
Time: 14.00 UK / 09.00 US (East coast) / 17.00 Moscow
To participate in the conference call, please dial one of the following numbers and ask to be put through to the "Global Ports" call:
Standard International Access: +44 (0) 20 3003 2666
UK Toll Free: 0808 109 0700
USA Toll Free: 1 866 966 5335
Webcast
A webcast will also be available through the Global Ports website (www.globalports.com). Please note that this will be a listen-only facility.
Materials
It is planned that the press release, interim condensed consolidated financial information and slide presentation will be released at or around 7am UK time on Monday, 23 September 2013 and will also be available on the Global Ports website (www.globalports.com).
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 Dik[1] in St. Petersburg, Vostochnaya Stevedoring Company in the Vostochny Port) and two container terminals in Finland (Multi-Link Terminals Helsinki and Multi-Link Terminals Kotka[2]). Global Ports group also operates Yanino Logistics Park[3], 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.
Global Ports' consolidated revenue[4] for 2012 was USD 501.8 million. Adjusted EBITDA for 2012 was USD 288 million. The Group's Russian Ports segment handled a total container throughput of approximately 1.45 million TEUs in 2012 (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.
[1] Global Ports owns 75% stakes in Moby Dik, Multi-Link Terminals Helsinki, Multi-Link Terminals Kotka and Yanino Logistics Park
[2] See above
[3] See above
[4] According to the consolidated financial statements of Global Ports as of and the year ended 31 December 2012.