Global Ports Investments plc

06/12/2019 | Press release | Distributed by Public on 06/12/2019 00:22

AGM agenda amendment

12 Jun 2019

AGM agenda amendment

Global Ports Investments PLC ('Global Ports' or the 'Company', and together with its subsidiaries and joint ventures, 'the Group'; LSE ticker: GLPR) today announces that, based on a notice from LLC Management Company 'Delo', the Board of Directors has amended the agenda of the forthcoming Annual General Meeting ('AGM').

The agenda of the AGM of the Members of Global Ports Investments Plc which will be held at BG WAYWIN PLAZA, Office 302, 62 Agiou Athanasiou Avenue, 4102, Limassol, Cyprus on 18 June 2019 at 08-00am (Cyprus time), now includes resolutions 17 and 18, being items of ordinary business as follows:

17. To re-elect Mr. Anton Chertkov as a director of the Company for a period of one year with no changes in the level of his remuneration; to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2020.

18. To elect Ms. Alexandra Fomenko as a director of the Company for a period of one year with no remuneration; to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2020.

Annex to the Announcement: a biography of Ms. Alexandra Fomenko. Biographies of directors proposed for re-election can be found at www.globalports.com.

Ms. Alexandra Fomenko

In her career Ms. Alexandra Fomenko has undertaken a number of commercial and management roles in Ukraine, France and the UAE. Between 2011 and 2013 Ms. Fomenko worked as an import manager at HC EAST LTD. She held a position of export manager assistant at Vermillon SARL between 2014-2015, and later became the general manager of Solaris Commodity DMCC in Dubai, the position she holds to date. In September 2018, Ms. Fomenko was appointed adviser to the President of Delo Group.

Ms. Alexandra Fomenko graduated with a Bachelor and Master degree (with honours) in International Economics from Donetsk National Technical University in Donetsk, Ukraine. She also holds a Master degree in Management of International Business from IAE Aix Graduate School of Management, Aix-en-Provence, France.

ENQUIRIES

Global Ports Investor Relations
Mikhail Grigoriev / Tatiana Khansuvarova

+357 25 313 475
+7 916 991 73 96
Email: [email protected]

Global Ports Media Relations
Anna Vostrukhova

+357 25 313 475
E-mail: [email protected]

Teneo
Zoë Watt / Douglas Campbell

+44 20 7260 2700
E-mail: [email protected]

NOTES TO EDITORS

Global Ports Investments PLC

Global Ports Investments PLC is the leading operator of container terminals in the Russian market by capacity and container throughput1.

Global Ports' terminals are located in the Baltic and Far East Basins, key regions for foreign trade cargo flows. Global Ports operates five container terminals in Russia (Petrolesport, First Container Terminal, Ust-Luga Container Terminal2 and Moby Dik3 in the Russian Baltics, and Vostochnaya Stevedoring Company in the Russian Far East) and two container terminals in Finland4 (Multi-Link Terminals in Helsinki and Kotka). Global Ports also owns inland container terminal Yanino Logistics Park5 located in the vicinity of St. Petersburg.

Global Ports' revenue for 2018 was 343.6 USD million6 and Adjusted EBITDA was 217.3 USD million. Consolidated Marine Container Throughput was 1,352 thousand TEU in 20187.

Global Ports' major shareholders are Delo Group, one of the largest private transportation and logistics holding companies in Russia (30.75%), and APM Terminals B.V. (30.75%), whose core expertise is the design, construction, management and operation of ports, terminals and inland services. APM Terminals operates a global terminal network of 74 ports and 117 inland services facilities, giving the company a global presence in 58 countries. 20.5% of Global Ports shares are traded in the form of global depositary receipts on the Main Market of the London Stock Exchange (LSE ticker: GLPR).

For more information please see: www.globalports.com

LEGAL DISCLAIMER

Some of the information in these materials may contain projections or other forward-looking statements regarding future events or the future financial performance of Global Ports. You can identify forward looking statements by terms such as 'expect', 'plan', 'project', 'believe', 'target', 'anticipate', 'estimate', 'intend', 'will', 'could,' 'may', 'should' or 'might' or the negative of such terms or other similar expressions. Global Ports wishes to caution you that these statements are only predictions and that actual events or results may differ materially. Global Ports does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Global Ports, including, among others, general political and economic conditions, the competitive environment, risks associated with operating in Russia and market change in the industries Global Ports operates in, as well as many other risks related to Global Ports and its operations.

(1) Management estimates based on the information published by the Association of Sea Commercial Ports ('ASOP'), www.morport.com and public sources.
(2) In which Eurogate currently has a 20% effective ownership interest.
(3) In which Container Finance currently has a 25% effective ownership interest.
(4) In each of which Container Finance currently has a 25% effective ownership interest.
(5) In which Container Finance currently has a 25% effective ownership interest. (6) According to the Group's Consolidated Financial Information for 2018.
(7) According to the Group's operational results.

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