REG-Global Ports Holding PLC Issue of new Ordinary Shares under the LTIP
18/07/2024 15:15
============
Global Ports Holding PLC (GPH)
Issue of new Ordinary Shares under the LTIP
18-Jul-2024 / 15:11 GMT/BST
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For immediate release
18 JULY 2024
Global Ports Holding PLC
(“GPH” or the “Company”)
Issue of new Ordinary Shares under the LTIP
On 11 July 2024, Global Yatırım Holding A.Ş (‘GIH’) announced an
unconditional cash offer (the “Offer”) of USD 4.02 per ordinary share for
the entire issued and to be issued share capital of the Company (excluding
any shares in the Company already held by GIH or Global Ports Holding B.V.
(‘GPH BV’, GIH’s wholly-owned subsidiary and the Company’s largest and
controlling shareholder).
Having regard to the Offer, the Company’s board of Directors (‘Board’)
resolved that all unvested share-based incentive awards allocated to
below-Board employees should vest immediately in accordance with the terms
of the long-term incentive share plan (‘LTIP’), and the underlying shares
should be issued without a holding period to provide the recipients with
the opportunity to sell them into the Offer.
Accordingly, GPH today announces the issue of 636,500 new ordinary shares
of £0.01 each (the “LTIP Shares”) in the capital of the Company at an issue
price equal to nominal value per the terms of the LTIP.
The table below sets out PDMR participation which is part of the total LTIP
Shares issuance. The notification of Dealing Forms for each PDMR can be
found at the end of this announcement.
Number of Shares to be acquired
PDMR
under LTIP
Ece Gürsoy 90,000
Jan Fomferra 90,000
Stephen Xuereb 80,000
Javier Rodriguez 55,000
Michael John Maura 47,0001
Aziz Güngör 37,000
1 Mr. Maura will also acquire 4,200 ordinary shares issued in August 2023
and currently held by the LTIP trustee, bringing the total number of shares
being acquired by him to 51,200.
Applications will be made for the LTIP 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 LTIP
Shares (“Admission”) will take place at or around 8.00 a.m. (London time)
on or around 24 July 2024 (or such later date or time as the Company may
decide).
Following Admission, the Company will have 77,069,626 ordinary shares of
£0.01 each in issue, of which the LTIP Shares, together with 66,600 shares
issued under the LTIP in August 2023, will add up to a total of 703,100
shares and represent approximately 0.91% of the Company’s outstanding share
capital. GPH does not hold any ordinary shares in treasury and therefore
the total number of ordinary shares in the Company with voting rights will
be 77,069,626. 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.
Rule 2.9 Disclosure
In accordance with Rule 2.9 of the Code, Global Ports Holding PLC confirms
that, following Admission, it has in issue 77,069,626 ordinary shares of 1
penny each. Global Ports Holding PLC does not hold any ordinary shares in
treasury. The International Securities Identification Number (“ISIN”)
number of the ordinary shares is GB00BD2ZT390.
•
• The person responsible for releasing this announcement is Alison
Chilcott, Company Secretary
• For further information:
• Global Ports Holding PLC Tel: 020 3911 2315
• Alison Chilcott, Company Secretary
• Martin Brown, Investor Relations Director
• Website: 1 www.globalportsholding.com/investors/
This notification is made in accordance with the requirements of the UK
Market Abuse Regulation.
1 Details of the person discharging managerial
responsibilities
(a) Name Ece Gürsoy
2 Reason for the notification
(a) Position/status Chief Legal Officer
of GPH
(b) Initial notification /Amendment Initial
Details of the issuer, emission allowance market
3 participant, auction platform, auctioneer or auction
monitor
(a) Name Global Ports Holding
PLC
(b) LEI 213800BMNG6351VR5X06
Details of the transaction(s): section to be repeated
4 for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place
where transactions have been conducted
Ordinary shares of
£0.01 each
Description of the financial
(a) instrument, type of instrument
Identification code
ISIN: GB00BD2ZT390
Acquisition of
90,000 new ordinary
(b) Nature of the transaction shares of £0.01 each
awarded under the
LTIP
Prices(s) Volume(s)
£0.01 per 90,000
(c) Price(s) and volume(s) share ordinary
shares
(d) Aggregated Information, N/A
Aggregated volume, Prices
(e) Date of the transaction 13 July 2024 (UK
timezone)
(f) Place of the transaction London Stock
Exchange
1 Details of the person discharging managerial
responsibilities
(a) Name Jan Fomferra
2 Reason for the notification
(a) Position/status Chief Financial Officer of GPH
(b) Initial notification Initial
/Amendment
Details of the issuer, emission allowance market
3 participant, auction platform, auctioneer or auction
monitor
(a) Name Global Ports Holding PLC
(b) LEI 213800BMNG6351VR5X06
Details of the transaction(s): section to be repeated for
4 (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where
transactions have been conducted
Ordinary shares of £0.01 each
Description of the
financial instrument,
(a) type of instrument
Identification code
ISIN: GB00BD2ZT390
Nature of the Acquisition of 90,000 new ordinary
(b) transaction shares of £0.01 each awarded under
the LTIP
Prices(s) Volume(s)
£0.01 per share 90,000 ordinary
(c) Price(s) and volume(s) shares
Aggregated
(d) Information, N/A
Aggregated volume,
Prices
(e) Date of the 13 July 2024 (UK timezone)
transaction
(f) Place of the London Stock Exchange
transaction
1 Details of the person discharging managerial
responsibilities
(a) Name Stephen Xuereb
2 Reason for the notification
(a) Position/status Chief Operating Officer of GPH
(b) Initial notification Initial
/Amendment
Details of the issuer, emission allowance market
3 participant, auction platform, auctioneer or auction
monitor
(a) Name Global Ports Holding PLC
(b) LEI 213800BMNG6351VR5X06
Details of the transaction(s): section to be repeated for
4 (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where
transactions have been conducted
Ordinary shares of £0.01 each
Description of the
financial instrument,
(a) type of instrument
Identification code
ISIN: GB00BD2ZT390
Nature of the Acquisition of 80,000 new ordinary
(b) transaction shares of £0.01 each awarded under
the LTIP
Prices(s) Volume(s)
£0.01 per share 80,000 ordinary
(c) Price(s) and volume(s) shares
Aggregated
(d) Information, N/A
Aggregated volume,
Prices
(e) Date of the 13 July 2024 (UK timezone)
transaction
(f) Place of the London Stock Exchange
transaction
1 Details of the person discharging managerial
responsibilities
(a) Name Javier Rodriguez
2 Reason for the notification
(a) Position/status Regional Director, West
Med & Asia
(b) Initial notification Initial
/Amendment
Details of the issuer, emission allowance market
3 participant, auction platform, auctioneer or auction
monitor
(a) Name Global Ports Holding PLC
(b) LEI 213800BMNG6351VR5X06
Details of the transaction(s): section to be repeated
4 for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where
transactions have been conducted
Ordinary shares of £0.01
each
Description of the financial
(a) instrument, type of instrument
Identification code
ISIN: GB00BD2ZT390
Acquisition of 55,000 new
(b) Nature of the transaction ordinary shares of £0.01
each awarded under the
LTIP
Prices(s) Volume(s)
£0.01 per 55,000 ordinary
(c) Price(s) and volume(s) share shares
(d) Aggregated Information, N/A
Aggregated volume, Prices
(e) Date of the transaction 13 July 2024 (UK
timezone)
(f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial
responsibilities
(a) Name Michael John Maura
2 Reason for the notification
(a) Position/status Regional Director, Americas
(b) Initial notification Initial
/Amendment
Details of the issuer, emission allowance market
3 participant, auction platform, auctioneer or auction
monitor
(a) Name Global Ports Holding PLC
(b) LEI 213800BMNG6351VR5X06
Details of the transaction(s): section to be repeated for
4 (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
Ordinary shares of £0.01 each
Description of the financial
instrument, type of
(a) instrument
Identification code
ISIN: GB00BD2ZT390
Acquisition of 47,000 new
ordinary shares (plus 4,200
(b) Nature of the transaction ordinary shares issued in
August 2023) of £0.01 each
awarded under the LTIP
Prices(s) Volume(s)
£0.01 per 47,000 ordinary
(c) Price(s) and volume(s) share shares
(d) Aggregated Information, N/A
Aggregated volume, Prices
(e) Date of the transaction 13 July 2024 (UK timezone)
(f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial
responsibilities
(a) Name Aziz Güngör
2 Reason for the notification
(a) Position/status Regional Director, East Med
(b) Initial notification Initial
/Amendment
Details of the issuer, emission allowance market
3 participant, auction platform, auctioneer or auction
monitor
(a) Name Global Ports Holding PLC
(b) LEI 213800BMNG6351VR5X06
Details of the transaction(s): section to be repeated for
4 (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
Ordinary shares of £0.01 each
Description of the
financial instrument,
(a) type of instrument
Identification code
ISIN: GB00BD2ZT390
Acquisition of 37,000 new
(b) Nature of the transaction ordinary shares of £0.01 each
awarded under the LTIP
Prices(s) Volume(s)
£0.01 per share 37,000 ordinary
(c) Price(s) and volume(s) shares
(d) Aggregated Information, N/A
Aggregated volume, Prices
(e) Date of the transaction 13 July 2024 (UK timezone)
(f) Place of the transaction London Stock Exchange
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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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ISIN: GB00BD2ZT390
Category Code: MSCH
TIDM: GPH
LEI Code: 213800BMNG6351VR5X06
Sequence No.: 335118
EQS News ID: 1949469
End of Announcement EQS News Service
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