Group Strategic Review

RNS Number : 5791E

Global Ports Holding PLC

05 July 2019

 

Global Ports Holding Plc

Group Strategic Review

Global Ports Holding Plc ("GPH Plc" or "Group"), the world's largest independent cruise port operator, today announces that in light of the emerging opportunities in its cruise business it is undertaking a strategic review of the Group, which is being carried out by Goldman Sachs International. The purpose of the strategic review is to explore ways to maximise value for all stakeholders and includes a range of potential corporate activity including a sale of certain assets as well as strategic investments and partnerships.

Whilst the strategic review process remains at an early stage, GPH confirms that it has received a number of preliminary offers for certain assets which it is currently evaluating and there can be no certainty as to the final outcome. 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: [phone]		Telephone: [phone]
Email: [e-mail]		Email: [e-mail]

Goldman Sachs International, which is authorised by the Prudential Regulation Authority ("PRA") and regulated by the PRA and the Financial Conduct Authority ("FCA") in the United Kingdom, is acting exclusively for GPH plc and for no one else in connection with the strategic review and will not be responsible to anyone other than GPH plc for providing the protections afforded to its clients or for providing advice in relation to the strategic review, the contents of this announcement or any other matters referred to in this announcement.

 

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