ISIN:GB00BD2ZT390

Holding(s) in Company

Retrieved on: 
Wednesday, April 10, 2024

Lullange Partners, S.C.Sp and its general partner Lullange GP, S.à r.l.

Key Points: 
  • Lullange Partners, S.C.Sp and its general partner Lullange GP, S.à r.l.
  • are each owned (i) 36.84% by TAO Finance 3, LLC, which is controlled by its manager, Sixth Street TAO GenPar, L.P., (ii) 15.31% by Sixth Street Specialty Lending Europe II, L.P., which is controlled by its general partner, Sixth Street Specialty Lending Europe GenPar II, L.P., and (iii) 47.85% by Redwood IV Finance 3, LLC, which is controlled by its manager, Sixth Street Opportunities GenPar IV, L.P..
    Each of foregoing entities are ultimately indirectly controlled by Sixth Street Partners Management Company, L.P. Sixth Street Partners Management Company, L.P. is managed by its general partner, whose managing member is Alan Waxman.
  • Mr. Waxman disclaims beneficial ownership of the shares that are the subject of this notification except to the extent of his pecuniary interest therein.

Holding(s) in Company

Retrieved on: 
Wednesday, April 10, 2024

Indicate in the relevant section whether the issuer is a non UK issuer.

Key Points: 
  • Indicate in the relevant section whether the issuer is a non UK issuer.
  • iii Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g.
  • As the disclosure of cases of acting in concert may vary due to the specific circumstances (e.g.
  • xiii If the person subject to the notification obligation is either controlled and/or does control another undertaking then the second option applies.

Awarded preferred bidder status for Casablanca Cruise Port

Retrieved on: 
Wednesday, April 10, 2024

Casablanca, Morocco’s largest city, offers cruise passengers a wonderful blend of traditional Moroccan culture and contemporary experiences.

Key Points: 
  • Casablanca, Morocco’s largest city, offers cruise passengers a wonderful blend of traditional Moroccan culture and contemporary experiences.
  • The cruise port facilities recently underwent a EUR 60 million investment in the cruise port infrastructure.
  • The port is now capable of handling ships up to 350m long and has the cruise port infrastructure to welcome 400k passengers per annum.
  • Casablanca Cruise Port is expected to welcome c150k transit passengers in 2024, rising to c180k passengers in 2025.

Exercise of Warrants

Retrieved on: 
Wednesday, April 10, 2024

Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, has received notification of the exercise in full of warrants held by Sixth Street Capital Partners LLC (“Sixth Street”), over an aggregate 8,395,118 new Ordinary shares of £0.01 each (“Ordinary Shares”) in the Company at an exercise price of 1 pence per ordinary share.

Key Points: 
  • Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, has received notification of the exercise in full of warrants held by Sixth Street Capital Partners LLC (“Sixth Street”), over an aggregate 8,395,118 new Ordinary shares of £0.01 each (“Ordinary Shares”) in the Company at an exercise price of 1 pence per ordinary share.
  • The Company issued Sixth Street with the initial warrants as part of the refinancing announced on the 24 May 2021 and further warrants as part of the ‘Adjustment Event’ announced on the 14 July 2023.
  • The Warrant Shares will be issued under authorities granted at the Company’s June 2021 General Meeting and 2023 Annual General Meeting to issue those shares required to be allotted upon the exercise of the Warrants.
  • Following Admission, the Company’s issued share capital admitted to trading will consist of 76,433,126 ordinary shares of GBP 0.01 each.

50-year agreement signed for Liverpool Cruise Port

Retrieved on: 
Wednesday, April 10, 2024

Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, is pleased to announce that it has signed a 50-year agreement with Peel Ports Group’s subsidiary, The Mersey Docks And Harbour Company Ltd, to operate cruise services at Liverpool Cruise Port.

Key Points: 
  • Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, is pleased to announce that it has signed a 50-year agreement with Peel Ports Group’s subsidiary, The Mersey Docks And Harbour Company Ltd, to operate cruise services at Liverpool Cruise Port.
  • Liverpool Cruise Port is well-positioned to participate in the growing Northern European and British and Irish cruise markets.
  • Liverpool Cruise Port has the potential for significant growth in passenger volumes.
  • In 2023, Liverpool Cruise Port welcomed 102 cruise ships and over 186k passengers.

Completes project financing and begins cruise operations at San Juan Cruise Port, Puerto Rico

Retrieved on: 
Thursday, February 15, 2024

Completes project financing and begins cruise operations at San Juan Cruise Port, Puerto Rico

Key Points: 
  • Completes project financing and begins cruise operations at San Juan Cruise Port, Puerto Rico
    Completes project financing and begins cruise operations at San Juan Cruise Port, Puerto Rico
    Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, is pleased to announce that its wholly-owned subsidiary San Juan Cruise Port LLC (“SJCP”) has successfully reached financial closing of the PPP Agreement and simultaneously concluded the debt financing for the initial phase of its investment in San Juan Cruise Port and has now taken over cruise operations at San Juan Cruise Port for GPH.
  • The successful long-term project financing was achieved through the issuance, by San Juan Cruise Port, of two bonds totalling USD 187 million.
  • "We are delighted to welcome San Juan Cruise Port into the world's largest cruise port network.
  • I would like to thank the Government of Puerto Rico and the Puerto Rico Port Authority for their support throughout the process.

Global Ports Holding Plc Celebrates Sustainability Milestone as Valletta Cruise Port Successfully Implements Shore Power

Retrieved on: 
Thursday, December 14, 2023

Global Ports Holding (GPH), the world's largest cruise port operator, is delighted to announce a major advancement in environmental sustainability with the successful implementation of shore power at Valletta Cruise Port.

Key Points: 
  • Global Ports Holding (GPH), the world's largest cruise port operator, is delighted to announce a major advancement in environmental sustainability with the successful implementation of shore power at Valletta Cruise Port.
  • On December 01, 2023, the cruise ship Viking Saturn made history as the first-ever vessel to utilize the newly installed Onshore Power Supply (OPS) system at Valletta Cruise Port.
  • This inaugural connection of shore-to-ship power within GPH's global port network marks a historic moment for both Valletta Cruise Port and GPH.
  • Stephen Xuereb, COO of Global Ports Holding and GM of Valletta Cruise Port, echoed these sentiments, emphasizing, "The successful integration of shore power at Valletta Cruise Port stands as a testament to our dedication to eco-friendly initiatives.

Sales and Renunciation of Ordinary Shares awarded under the LTIP

Retrieved on: 
Thursday, October 26, 2023

GPH was established in 2004 as an international port operator and is the world’s largest independent cruise port operator.

Key Points: 
  • GPH was established in 2004 as an international port operator and is the world’s largest independent cruise port operator.
  • The Group also has a commercial port operation which specialises in container and general cargo handling.
  • Prior to the LTIP Share Issuance, GPH was 66.3% owned directly or through Global Ports Holding B.V., which is a wholly owned subsidiary of Global Yatırım Holding A.Ş.
  • This notification is made in accordance with the requirements of the UK Market Abuse Regulation.