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Global Ports Investments PLC (GLPRq.L)

GLPRq.L on London Stock Exchange

3.65USD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Global Ports plans $250 million London IPO
Wednesday, 19 Apr 2017 02:00am EDT 

April 19 (Reuters) - Global Ports :Global ports holding - intention to float.Intention to float.2014-2016 revenue cagr 13%.2014-2016 segmental ebitda cagr 14%.Board of gph expects to pay a minimum dividend of us$25 million in 2017.Expects dividends to grow broadly in line with earnings after tha.Board of gph intends to pay an interim dividend in september 2017.Company is anticipating an offer size of approximately $250 million.Which will include a primary offer of $75 million.There will be a sale of ordinary shares by a subsidiary of gih.Company intends to apply to be admitted to standard listing segment of official list.Barclays bank plc, citigroup global markets limited and goldman sachs international have been appointed as joint global coordinators, and together with vtb capital plc as joint bookrunners.Shore capital is acting as lead manager.  Full Article

Global Ports says Russian Federal Antimonopoly Service issued orders to its terminals
Monday, 3 Apr 2017 12:05pm EDT 

Global Ports : Russian Federal Antimonopoly Service issued release stating it sent orders to group's FCT to transfer to federal budget RUB 4.17 billion . Russian FAS issued release stating it sent orders to group's PLP to transfer to federal budget RUB 1.27 billion, group's VSC to transfer RUB 1.6 billion . At present, none of terminals has received official orders of FAS . "Believes that it has behaved appropriately in relation to competition regulation and intends to challenge finding and orders in court" .While court proceedings are ongoing, FAS decision will not be enforced and amounts referred to above will not become payable.  Full Article

Global Ports says appointed Mikhail Loganov as CEO
Friday, 17 Mar 2017 03:28am EDT 

Global Ports Investments Plc : Appointed Mikhail Loganov as Chief Executive Officer effective 22 March 2017 .Loganov replaces Vladislav Baumgertner who has accepted a role outside port industry and is stepping down.  Full Article

Russia Global Ports 2016 profit at $61.3 mln
Friday, 17 Mar 2017 03:10am EDT 

Global Ports : 2016 net profit totalled $61.3 million, up from net loss of $33.7 million in previous year; . Revenue in 2016 was 18.3 pct lower than in 2015 at $331.5 million; . 2016 adjusted EBITDA declined 22.9 pct to $224.3 million. Further company coverage: [GLPRq.L] (Reporting by Moscow Newsroom) ((jack.stubbs@thomsonreuters.com; +44 2075 427 477; Reuters Messaging: jack.stubbs.thomsonreuters.com@thomsonreuters.net)).  Full Article

Global Ports Investments Plc appoints CEO
Monday, 17 Aug 2015 02:00am EDT 

Global Ports Investments Plc:Announces the appointment of Vladislav Baumgertner as chief executive officer effective from today.Says he succeeds Alexander Nazarchuk who has decided to step down from the role but will continue to serve on the Board of Global Ports as a Non-Executive Director.  Full Article

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