GPRT.L Regulatory News (GPRT)

27 Mar 2008 07:02

Goldenport Holdings Inc27 March 2008 Goldenport Holdings Inc. Athens, 27 March 2008 Annual Report and Accounts Goldenport Holdings Inc. (the "Company") Annual Report and Accounts 2007 and Notice of Annual General Meeting The Company has submitted two copies of each of the following documents listedbelow to the Financial Services Authority: (a) the Final Results for the year ended 31 December 2007; (b) the Annual Report and Accounts for the year ended 31 December 2007; (c) the Chairman's invitation to the Annual General Meeting to be held on 30 April 2008; (d) notice of Annual General Meeting to be held on 30 April 2008; (e) the Form of Proxy in relation to the Annual General Meeting; and (f) the Form of Instruction in relation to the Annual General Meeting. These documents will shortly be available for inspection at the FinancialServices Authority's Document Viewing Facility situated at: The Financial Services Authority 25, The North Colonnade Canary Wharf London E14 5HS The Annual Report and Accounts can also be found on the Company's website,www.goldenport.biz. In accordance with Listing Rule 12.4.4(2)R the Board announces that it hasdecided to submit a proposal to shareholders at the Annual General Meetinggiving the Company a general authority to buy-back up to 6,988,510 Shares(representing just less than 10 per cent. of its issued share capital). Detailsof the resolution are contained in the Notice of Annual General Meeting. The Notice of Annual General Meeting also contains proposals to make minorchanges to the Company's By-Laws principally to reflect changes to company lawintroduced by the Companies Act 2006. Whilst the Company is incorporated underthe laws of the Marshall Islands and the provisions of the Companies Act 2006largely do not apply to the Company, it is proposed to reflect some of thechanges introduced under the Companies Act 2006 for two principal reasons: firstthe existing By-Laws contain a number of references to the Companies Act 1985which have been repealed and which might confuse shareholders if they were notupdated; second the Company remains committed to its stated intention ofadhering to the standards which shareholders would expect of a UK incorporatedlisted company and therefore has elected to replicate in the proposed newBy-Laws certain provisions under the Companies Act 2006 which it believes willbenefit shareholders. A copy of the clean version of the proposed new By-Lawsand a black-lined version to show changes from the Company's existing By-Lawswill be made available shortly together with a copy of the Notice of AnnualGeneral Meeting on the Company's website. -END- Enquiries: Goldenport: Christos Varsos, Chief Financial Officer: +30 210 8910 500John Dragnis, Commercial Director +30 210 8910 500 Investment Relations Coordinators: Capital Link - London +44 207 614 2900Capital Link - New York +1 212 661 7566 Nicolas Bornozis goldenport@capitallink.com Further Information: Overview of Goldenport Goldenport is an international shipping company that owns a fleet of thirty-three container and dry-bulk vessels that transport cargo worldwide. The fleetconsists of eighteen container vessels (including two new-build vessels withdeliveries scheduled for 2010 and 2011) and fifteen dry-bulk carriers (includingsix new-build vessels with deliveries scheduled for 2008 and 2009). Goldenportis listed on the London Stock Exchange under the ticker GPRT. Website: www.goldenportholdings.com or www.goldenport.biz This information is provided by RNS The company news service from the London Stock Exchange