Global Ports Holding PLC Dividend Declaration (6375U)
April 01 2019 - 2:42AM
UK Regulatory
TIDMGPH
RNS Number : 6375U
Global Ports Holding PLC
01 April 2019
Global Ports Holding Plc
Final dividend for 2018
The Board of Global Ports Holding has approved a final dividend
for the year ending 31st December 2018 of USD 17.5m. The final
dividend will be recommended to shareholders at the AGM to take
place on 24 May 2019 as a dividend of 21.2p per share (at the
current exchange rate). If approved by shareholders at the AGM, the
final dividend will be paid on the 5(th) July 2019 to those
shareholders registered on 31 May 2019.
This dividend recommendation has been made by the board after
careful consideration of the financial performance of the Group,
the current potential opportunities for new port investments and
the long term growth prospects of the Group.
The Board will review carefully the progress the company will
make during fiscal year 2019 in regard to potential opportunities
for new investment and their relevant closing, the timing of these
investments may impact the board's decision in terms of the split
of dividend between interim and final, however the board's
intention is to continue with the stated minimum dividend policy at
the time of the IPO.
Final Dividend Timetable (subject to AGM approval)
30 May 2019: Ex-dividend date for 2018 final dividend
31 May 2019: Record date for 2018 final dividend
5 July 2019: Payment date for 2018 final dividend
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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END
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