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GLOBAL PORTS HOLDING PLC

Share Issue/Capital Change Jun 9, 2017

4977_rns_2017-06-09_8f5e71e7-cf3b-4872-8c2c-df62280e71fc.html

Share Issue/Capital Change

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National Storage Mechanism | Additional information

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RNS Number : 7320H

Global Ports Holding PLC

09 June 2017

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

PARTIAL EXERCISE OF THE OVER-ALLOTMENT OPTION

Further to its announcements on 19 April 2017, 2 May 2017 and 12 May 2017 relating to the initial public offering of its Ordinary Shares (the "Offer"), Global Ports Holding PLC (the "Company") is pleased to announce that Barclays Capital Securities Limited, an affiliate of Barclays Bank PLC, (the "Stabilising Manager") has partially exercised the over-allotment option set out in the Prospectus (the "Over-Allotment Option"). As a result of the partial exercise of the Over-Allotment Option Global Ports Holdings B.V. (as the Over-Allotment Option Shareholder) will sell a further 724,553 Ordinary Shares at the offer price of 740 per share to the Stabilising Manager.

Including the exercise of the Over-Allotment Option the size of the Offer was 21,596,455 in total. The exercise of the Over-Allotment Option does not impact the total number of Ordinary Shares of the Company currently in issue.

For further information, please contact:

Phil Shelley

Vice Chairman

Barclays Bank PLC

Tel:+44 (0) 20 3134 1475

[email protected]m

For media enquiries:

Brunswick Group LLP

Azadeh Varzi

Imran Jina

[email protected]

+44 (0) 20 7404 5959

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement is not an offer of securities for sale into the United States. The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the 'Securities Act'), or under the securities laws of any state or other jurisdiction of the United States. Accordingly, the securities referred to herein may not be offered, sold, taken up, exercised, resold, renounced, transferred or delivered, directly or indirectly, in or into, the United States absent registration under, or pursuant to an exemption from, the registration requirements of the Securities Act and in compliance with any relevant state securities laws. There will be no public offer of securities in the United States.

Barclays is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority, is acting for the Issuer only in connection with the offer and will not be responsible to anyone other than the Issuer for providing the protections offered to clients of Barclays, nor for providing advice in relation to the offer or any matters referred to in this communication. 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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