Dreamlines investment update
Global Ports Holding ("GPH")
Dreamlines investment update
Global Ports Holding ("GPH"), today announces that it has decided not to exercise its option to convert its €10m convertible loan note in Dreamlines GmbH ("Dreamlines"). The senior, secured loan is repayable by Dreamlines in quarterly instalments between February 2020 and May 2021 and is secured over certain of Dreamlines' bank accounts, receivables and intellectual property. The terms of the loan also contain certain indebtedness covenants.
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CONTACT |
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For investor and analyst enquiries: |
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For media enquiries: |
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Global Ports Holding, Investor Relations |
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Brunswick Group LLP |
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Martin Brown, Investor Relations Director |
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Azadeh Varzi and Imran Jina |
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Telephone: +44 (0) 7947 163 687 |
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Telephone: +44 (0) 20 7404 5959 |
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Email: GPH@brunswickgroup.com |
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