GPRT.L Regulatory News (GPRT)

RNS Number : 8986I

Goldenport Holdings Inc

22 March 2010

 

Goldenport Holdings Inc.

Athens, 22 March 2010

Director / PDMR Shareholding

In accordance with DTR3.1.4R, Goldenport Holdings Inc ('Goldenport' or the 'Company'), (LSE: GPRT) announces that under the provisions of the Company's 2009 Annual Incentive Plan, a total of 116,196 shares were allotted on 19 March 2010 as follows:

Name	Position	Number of shares
Captain Paris Dragnis	Chief Executive Officer	47,076
Mr. Christos Varsos	Chief Financial Officer	18,389
Mr. Konstantinos Kabanaros	Chief Accounting Officer	36,020
Mr. John Dragnis	Commercial Director	14,711
TOTAL		116,196

On 1 March 2010 the Board of Directors approved the financial statements for 2009 and authorised the issuance of the shares relating to the Full Share Award in accordance with the terms of the Annual Incentive Plan, as approved in the first Annual General Meeting of 17 May 2007. Under the terms of the Annual Incentive Plan, the number of shares granted to each participant was calculated by reference to the closing market value of the Company's shares on 2 March 2010 of 102p, being the date of the announcement of the full year results for 2009.

The participants have all the rights arising from holding existing shares, but during a restricted period of one calendar year, the participants are not allowed to sell, assign, exchange, transfer, pledge, hypothecate or otherwise dispose of or encumber the granted shares.

Immediately following the allotment, the participants have total beneficial interests in the Company's shares as follows:

Name	Number of shares	% of total share capital
Captain Paris Dragnis	42,587,955	60.036%
Mr. Christos Varsos	69,223	0.098%
Mr. Konstantinos Kabanaros	66,671	0.094%
Mr. John Dragnis	503,912	0.710%

Goldenport was notified of these transactions on 19 March 2010.

- ENDS -

 

For further information, please contact:

 

Goldenport Holdings Inc.:

Eleftheria Savvidaki, Company Secretary +30 210 8910500

Christos Varsos, Chief Financial Officer +30 210 8910500

 

Investor Relations Coordinators:

Capital Link:

Annie Evangeli - London +44 203 206 1320

Nicolas Bornozis - New York +1 212 661 7566

E-mail: goldenport@capitallink.com

info@goldenport.biz

 

Further Information:

 

Overview of Goldenport

 

Goldenport is an international shipping company that owns and operates a fleet of twenty-three container and dry bulk vessels that transport cargo worldwide. The fleet consists of eleven container vessels (including two new-build vessels with deliveries scheduled for 2011) and twelve dry bulk carriers (including five new-build vessels with deliveries scheduled for 2010 and 2011). Goldenport is listed on the London Stock Exchange under the ticker GPRT.

 

Website: www.goldenportholdings.com or www.goldenport.biz

 

 

 

This information is provided by RNS

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