REG-Global Ports Holding PLC Sales and Renunciation of Ordinary Shares awarded under the LTIP
25/10/2023 16:30
============
Global Ports Holding PLC (GPH)
Sales and Renunciation of Ordinary Shares awarded under the LTIP
25-Oct-2023 / 16:26 GMT/BST
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Global Ports Holding PLC
(“GPH” or the “Company”)
Sales and Renunciation of Ordinary Shares awarded under the LTIP
In connection with the issue of new ordinary shares of £0.01 each (the
“LTIP Shares”) in the capital of GPH under its Long Term Incentive Plan
(“LTIP”) (the “LTIP Share Issuance”) previously announced on 18 August
2023, the Company announces that LTIP Shares have been withheld and sold
at the direction of the Company to cover tax liabilities associated with
certain PDMR participants in the LTIP Share Issuance and that one PDMR
participant in the LTIP Share Issuance has renounced his LTIP Shares, as
set out in the table below.
The Notification of Dealing Forms for each of the PDMRs listed can be
found at the end of this announcement.
PDMR Number of LTIP Shares Number of LTIP Shares sold or
awarded renounced
Stephen Xuereb 12,000 4,544 sold
Ece Gürsoy 12,000 6,083 sold
Javier Rodriguez 4,200 2,040 sold
Michael John Maura 4,200 4,200 renounced
• 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/
Background note
GPH is the world’s largest cruise port operator with an established
presence in the Caribbean, Mediterranean, Asia-Pacific regions, including
extensive commercial port operations in Montenegro. GPH was established in
2004 as an international port operator and is the world’s largest
independent cruise port operator. GPH together with its affiliate
companies (the “Group”) hold a unique position in the cruise port
landscape, and positioned as the world’s leading cruise port brand, with
an integrated network of cruise ports serving cruise liners, ferries,
yachts and mega-yachts. GPH operates 27 cruise ports in 14 countries and
continues to grow steadily, and provides services to over 15 million
passengers reaching a market share of 29% in the Mediterranean annually.
The Group also has a commercial port operation which specialises in
container and general cargo handling. Prior to the LTIP Share Issuance,
GPH was 66.3% owned directly or through Global Ports Holding B.V., which
is a wholly owned subsidiary of Global Yatırım Holding A.Ş. (“GIH”). GIH
is listed on Borsa Istanbul (BIST) under the ticker "GLYHO".
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 Stephen Xuereb
2 Reason for the notification
(a) Position/status Chief Operating Officer of GPH
(b) Initial notification /Amendment Initial
3 Details of the issuer, emission allowance market 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 (i) each
4 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 instrument
(a)
Identification code
ISIN: GB00BD2ZT390
Sale of 4,544 ordinary shares of £0.01
(b) Nature of the transaction each, awarded under the LTIP, to cover
tax liability
Prices(s) Volume(s)
£2.153843 per share 4,544 ordinary
(c) Price(s) and volume(s) shares
(d) Aggregated Information, N/A
Aggregated volume, Prices
(e) Date of the transaction 25 October 2023 (UK timezone)
(f) Place of the transaction London Stock Exchange
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 Initial
/Amendment
3 Details of the issuer, emission allowance market 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 (i) each
4 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 instrument
(a)
Identification code
ISIN: GB00BD2ZT390
Sale of 6,083 ordinary shares of £0.01
(b) Nature of the transaction each, awarded under the LTIP, to cover
tax liability
Prices(s) Volume(s)
£2.153843 per share 6,083 ordinary
(c) Price(s) and volume(s) shares
(d) Aggregated Information, N/A
Aggregated volume, Prices
(e) Date of the transaction 25 October 2023 (UK timezone)
(f) Place of the transaction London Stock Exchange
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
3 Details of the issuer, emission allowance market 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 (i) each
4 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 instrument
(a)
Identification code
ISIN: GB00BD2ZT390
Sale of 2,040 ordinary shares of £0.01
(b) Nature of the transaction each, awarded under the LTIP, to cover
tax liability
Prices(s) Volume(s)
£2.153843 per share 2,040 ordinary
(c) Price(s) and volume(s) shares
(d) Aggregated Information, N/A
Aggregated volume, Prices
(e) Date of the transaction 25 October 2023 (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
3 Details of the issuer, emission allowance market 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 (i) each
4 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 instrument
(a)
Identification code
ISIN: GB00BD2ZT390
Renunciation of 4,200 new ordinary
(b) Nature of the transaction shares of £0.01 each awarded under
the LTIP
Prices(s) Volume(s)
(c) Price(s) and volume(s) N/A 4,200 ordinary shares
(d) Aggregated Information, N/A
Aggregated volume, Prices
(e) Date of the transaction 20 October 2023 (UK timezone)
(f) Place of the transaction Outside a trading venue
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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
══════════════════════════════════════════════════════════════════════════
ISIN: GB00BD2ZT390
Category Code: DSH
TIDM: GPH
LEI Code: 213800BMNG6351VR5X06
Sequence No.: 280549
EQS News ID: 1757483
End of Announcement EQS News Service
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