DJ Exercise of Warrants
Global Ports Holding PLC (GPH)
Exercise of Warrants
25-March-2024 / 07:00 GMT/BST
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Global Ports Holding Plc
Exercise of Warrants
Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, has received
notification of the exercise in full of warrants held by Sixth Street Capital Partners LLC ("Sixth Street"), over an
aggregate 8,395,118 new Ordinary shares of GBP0.01 each ("Ordinary Shares") in the Company at an exercise price of 1
pence per ordinary share.
The Company issued Sixth Street with the initial warrants as part of the refinancing announced on the 24 May 2021 and
further warrants as part of the 'Adjustment Event' announced on the 14 July 2023. The Warrant Shares will be issued
under authorities granted at the Company's June 2021 General Meeting and 2023 Annual General Meeting to issue those
shares required to be allotted upon the exercise of the Warrants.
Application will be made for the New Ordinary Shares to be admitted to the standard listing segment of the Official
List of the Financial Conduct Authority ("FCA") and to trading on the main market for listed securities of the London
Stock Exchange plc. It is expected that admission of the New Ordinary Shares ("Admission") will take place at or around
8.00 a.m. (London time) on or around 28 March 2024 (or such later date or time as the Company may decide).
Following Admission, the Company's issued share capital admitted to trading will consist of 76,433,126 ordinary shares
of GBP 0.01 each. This figure may be used by shareholders (and others with notification obligations) as the denominator
for the calculations by which they will determine whether they are required to notify their interest in, or a change to
their interest in, GPH under the FCA's Disclosure Guidance and Transparency Rules.
CONTACT
For investor, analyst and financial media enquiries: For media enquiries:
Global Ports Holding, Investor Relations Global Ports Holding
Martin Brown Ceylan Erzi
Telephone: +44 (0) 7947 163 687 Telephone: +90 212 244 44 40
Email: martinb@globalportsholding.com Email: ceylane@globalportsholding.com
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ISIN: GB00BD2ZT390 Category Code: MSCH TIDM: GPH LEI Code: 213800BMNG6351VR5X06 Sequence No.: 311545 EQS News ID: 1865773 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
March 25, 2024 03:00 ET (07:00 GMT)
