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 GBP0.01 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 awarded Number of LTIP Shares sold or 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: 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 Yatirim Holding A.S. ("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
4 Details of the transaction(s): section to be repeated 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 GBP0.01 each
Description of the financial instrument,
type of instrument
(a)
Identification code
ISIN: GB00BD2ZT390
(b) Nature of the transaction Sale of 4,544 ordinary shares of GBP0.01 each, awarded under the
LTIP, to cover tax liability
Prices(s) Volume(s)
(c) Price(s) and volume(s) GBP2.153843 per share 4,544 ordinary shares
(d) Aggregated Information, Aggregated N/A
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 /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
4 Details of the transaction(s): section to be repeated 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 GBP0.01 each
Description of the financial instrument,
type of instrument
(a)
Identification code
ISIN: GB00BD2ZT390
(b) Nature of the transaction Sale of 6,083 ordinary shares of GBP0.01 each, awarded under
the LTIP, to cover tax liability
Prices(s) Volume(s)
(c) Price(s) and volume(s) GBP2.153843 per share 6,083 ordinary shares
(d) Aggregated Information, Aggregated N/A
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 /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
4 Details of the transaction(s): section to be repeated 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 GBP0.01 each
Description of the financial instrument,
type of instrument
(a)
Identification code
ISIN: GB00BD2ZT390
(b) Nature of the transaction Sale of 2,040 ordinary shares of
GBP0.01 each, awarded
under the LTIP, to cover tax liability
Prices(s) Volume(s)
(c) Price(s) and volume(s) GBP2.153843 per share 2,040 ordinary shares
(d) Aggregated Information, Aggregated N/A
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 /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
4 Details of the transaction(s): section to be repeated 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 GBP0.01 each
Description of the financial instrument,
type of instrument
(a)
Identification code
ISIN: GB00BD2ZT390
(b) Nature of the transaction Renunciation of 4,200 new ordinary
shares of GBP0.01 each
awarded under the LTIP
Prices(s) Volume(s)
(c) Price(s) and volume(s) N/A 4,200 ordinary shares
(d) Aggregated Information, Aggregated N/A
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.
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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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October 25, 2023 11:26 ET (15:26 GMT)
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