Global Ports Holding PLC Responds to Indicative Offer and Delisting Announcement

Global Ports Holding PLC (GPH), the largest independent cruise port operator globally, acknowledged Global Yatırım Holding A.Ş's (GIH) indicative non-binding proposal announced on 14 June 2024 under Rule 2.4 of the City Code on Takeovers and Mergers.

The GPH board will evaluate GIH's proposal with its advisers. A subsequent announcement will follow if deemed appropriate. Under Rule 2.6(a) of the Code, GIH has until 12 July 2024 at 5:00 p.m. (London time) to either announce firm intentions to make an offer for GPH or declare no intention to do so, initiating an "Offer Period."

The announcement highlights the need for stakeholders to adhere to the disclosure requirements set forth in Rule 8 of the Code. This statement was issued without GIH's consent.