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GPH Global Ports Holding Plc

208.00
2.00 (0.97%)
Last Updated: 12:37:52
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Global Ports Holding Plc LSE:GPH London Ordinary Share GB00BD2ZT390 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 0.97% 208.00 206.00 208.00 208.00 208.00 208.00 2,671 12:37:52
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Marine Cargo Handling 213.6M -25M -0.3674 -5.66 141.52M

Awarded preferred bidder status for Alicante Cruise Port (1514583)

16/12/2022 7:00am

UK Regulatory


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Global Ports Holding PLC (GPH) Awarded preferred bidder status for Alicante Cruise Port 16-Dec-2022 / 07:00 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

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Global Ports Holding Plc

Awarded preferred bidder status for Alicante Cruise Port

Global Ports Holding Plc ("GPH"), the world's largest independent cruise port operator, is pleased to announce that, following a public tender process, the Port Authority of Alicante has awarded preferred bidder status to an 80:20 joint venture between GPH and our local partner Sepcan S.L ("Sepcan"), to operate a 15-year cruise port concession for Alicante Cruise Port.

The consortium and Port Authority of Alicante will now work towards agreeing on the terms of the concession agreement, with the consortium currently expected to take over operations at Alicante Cruise Port in the first half of the calendar year 2023.

Alicante Cruise Port, with over 100k passengers annually, is one of the most in-demand and growing cruise destinations on the east coast of Spain. The port has strong airlift connectivity and is well located for inclusion in Mediterranean itineraries.

The port in Alicante is currently undergoing a multimillion-euro investment by the Port Authority that will significantly enhance the port and surrounding area and integrate it into the fabric of the wider waterfront and city. As part of the concession agreement, GPH plans to invest up to EUR 2.0m into refurbishing and modernising the cruise terminal.

Notes:

Sepcan S.L. is a Canary island family-owned company that has been providing services to the cruise industry since 1936 and, since 1998, has been focused on mooring/unmooring, luggage handling, ship's provisioning and passenger services. They also specialise in environmental services and maritime pollution prevention.

 
 
CONTACT 
For investor, analyst and financial media enquiries:   For media enquiries: 
Global Ports Holding, Investor Relations               Global Ports Holding 
Martin Brown                                           Ceylan Erzi 
Telephone: +44 (0) 7947 163 687                        Telephone: +90 212 244 44 40 
Email: martinb@globalportsholding.com                  Email: ceylane@globalportsholding.com 

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ISIN:          GB00BD2ZT390 
Category Code: AGR 
TIDM:          GPH 
LEI Code:      213800BMNG6351VR5X06 
Sequence No.:  209081 
EQS News ID:   1514583 
 
End of Announcement  EQS News Service 
=------------------------------------------------------------------------------------
 

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1514583&application_name=news

 

(END) Dow Jones Newswires

December 16, 2022 02:00 ET (07:00 GMT)

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