Global Ports Holding PLC Nassau Cruise Port website launch (4236S)
March 11 2019 - 2:50AM
UK Regulatory
TIDMGPH
RNS Number : 4236S
Global Ports Holding PLC
11 March 2019
Global Ports Holding Plc
Nassau Cruise Port website launch
As previously disclosed on 25(th) February 2019, Global Ports
Holding Plc ("GPH" or "Group"), the world's largest independent
cruise port operator, announced that, following a competitive
request for proposal process the Government of the Bahamas had
awarded, Nassau Cruise Port Ltd ("NCP"), a consortium comprising
GPH, the Bahamian Investment Fund ("BIF") and the Yes Foundation
the cruise port tender for a 25-year concession for the Prince
George Wharf and related areas, at Nassau cruise port.
NCP has launched an information website to help inform the
people of the Nassau and The Bahamas of their plans for Nassau
cruise port. Please see www.nassaucruiseport.com for more details
on this exciting project.
The Group, NCP and the Government of the Bahamas continue to
work towards agreeing the terms of a concession agreement. GPH is
in advanced stage discussions with local and international banks
over long term bank financing for the concession. Full financial
closure and commencement of the concession is expected to occur in
H2 2019, although there can be no certainty as to the timing or
that the final conditions will be satisfied. A further announcement
will be made when it is appropriate to do so.
CONTACT
For investor and analyst enquiries: For media enquiries:
Global Ports Holding, Investor Relations Brunswick Group LLP
Martin Brown, Investor Relations Director Azadeh Varzi and Imran
Jina
Telephone: +44 (0) 7947 163 687 Telephone: +44 (0) 20 7404
5959
Email: martinb@globalportsholding.com Email: GPH@brunswickgroup.com
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contact rns@lseg.com or visit www.rns.com.
END
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