Last checked at 31 Jul 2017 10:41
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION (EU) NO 596/2014
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
31 July 2017
Global Ports Holding PLC
Notice of 2017 Interim Results and timing of Interim Dividend payment
Global Ports Holding PLC ("GPH"), the world's leading cruise port operator, is pleased to announce that it will release its interim financial results for the period to 30 June 2017 on Monday 21 August 2017 at 07.00.
GPH management will host a conference call for analysts and institutional investors at 09.00 on the same date. Dial in details for the conference call to follow. A webcast of the call will also be available afterwards through the GPH website (http://www.globalportsholding.com).
As set out in the Company Prospectus dated 2 May 2017 ("the Prospectus"), and further to its announcement of 13 July 2017, GPH has successfully implemented the reduction of capital and cancellation of the share premium account (the "Reduction of Capital"). The Reduction of Capital created distributable reserves of approximately £332.3 million for GPH, providing dividend distribution capacity, even before the receipt of any dividend from its subsidiaries.
The Board of Directors of GPH confirms its intention to pay an interim dividend in pounds sterling, in line with the dividend policy set out in the Prospectus. The expected timetable for the interim dividend is set out below. The interim dividend amount will be confirmed in the Company's interim results on 21 August 2017.
Interim Dividend Dates
Ordinary shares go ex-dividend for Interim Dividend | 31 August 2017 |
Interim Dividend record date | 1 September 2017 |
Interim Dividend payment date | 29 September 2017 |
The person responsible for arranging the release of this announcement on behalf of GPH is [Ismail Ozer, Investor Relations Analyst].
For further information, please contact:
Global Ports Holding PLC
Asli Su Ata, Head of Investor Relations
Ismail Ozer, Investor Relations Analyst
Telephone: +90 212 244 60 00
Email: investor@globalportsholding.com
Brunswick Group LLP
Azadeh Varzi
Imran Jina
+44 (0) 20 7404 5959
Email: GPH@brunswickgroup.com
This announcement does not constitute an invitation and should not be taken as an inducement to engage in any investment activity and is for the purpose of providing information about the Company. Certain information contained in this announcement constitutes "forward-looking statements," which can be identified by the use of forward-looking terminology such as "may," "will," "should," "expect," "anticipate," "target," "intend," "continue" or "believe," or the negatives thereof, other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or the actual performance of the Company described herein may differ materially from the events, results or performance reflected or contemplated in such forward-looking statements. Any projections, forecasts and estimates contained herein are based upon certain assumptions that the Company considers reasonable. Projections are necessarily speculative in nature, and it can be expected that some or all of the assumptions underlying the projections will not materialize and/or that actual events and consequences thereof will vary significantly from the assumptions upon which projections contained herein have been based. The inclusion of projections herein should not be regarded as a representation or guarantee regarding the reliability, accuracy or completeness of the information contained herein, the Company is under no obligation to update or keep current such information. Unless otherwise indicated, the information provided herein is based on matters as they exist as of the date of preparation and not as of any future date.