Global Ports : Launch of Scheme of Arranagement -2-

In addition, Scheme Creditors that vote in favour of the Scheme by submitting a validly completed Scheme Creditor Letter and related Custody Instruction on or prior to the Early Bird Deadline (set out above) will, subject to satisfying the other applicable requirements set out in the Explanatory Statement, be eligible to receive a consent fee in an amount equal to USD10 per USD1,000 of aggregate principal amount of Notes, to be paid as soon as practicable after the Refinancing Effective Time but only to the extent the Refinancing Effective Time occurs.

Instructions about actions to be taken by Scheme Creditors preceding the Scheme Meeting (including actions required with respect to participation in the Cash Option and/or receipt of the Consent Fee) are set out in the Explanatory Statement, which is available to Scheme Creditors on the Scheme Website: https://i2capmark.com/event-details/5/Holder/ global-ports-holding-plc

And will shortly be available on the Eurobond refinancing page of Global Ports Holding's website.

Website: https://www.globalportsholding.com/gli-eurobond-financing-register.php

Capitalised terms used and not defined herein shall have the meanings set out in the Explanatory Statement.

i2 Capital Markets Ltd acts as Information Agent in connection with the Scheme (including the Cash Option). Scheme Creditors with questions regarding the Scheme or the Scheme Meeting should contact:

i2 Capital Markets Ltd Attention of: The Directors Kemp House 160 City Road London EC1V 2NX Email: [e-mail]

CONTACT

Global Ports Holding Plc, Company Secretary

Alison Chilcott

Email: [e-mail]

Investor Relations

Martin Brown

Email: [e-mail]

Disclaimer:

This notice does not constitute an offer to distribute, issue or sell, or a solicitation of an offer to subscribe for or purchase, any securities being offered in connection with the Refinancing or any other securities or right or interest therein in any jurisdiction in which such distribution, issue, sale or solicitation is not permitted and this notice may not be used for or in connection with an offer to, or the solicitation by, any person in any jurisdiction or in any circumstances in which such offer or solicitation is not authorised or to any person to whom it is unlawful to make such offer or solicitation. Accordingly, neither the securities being offered in connection with the Refinancing nor any other securities may be offered or sold directly or indirectly and neither this notice nor any prospectus, offering circular, form of application, advertisement, other offering or solicitation materials nor other information may be issued, distributed or published in any country or jurisdiction except in circumstances that will result in compliance with all applicable laws, orders, rules and regulations.

No component of the securities issued pursuant to the Refinancing has been or will be registered under any relevant securities laws of Australia, Canada, Japan, New Zealand, South Africa, or other relevant jurisdictions. No public offering of securities will be made in Australia, New Zealand, South Africa, Canada, or Japan.

The securities being offered in connection with the Refinancing have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act") and the issuance thereof will be made pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act.

This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include all matters that are not historical facts and involve predictions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect GPH's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to GPH's business, results of operations, financial position, prospects, growth or strategies and the industry in which it operates. Forward-looking statements speak only as of the date they are made and cannot be relied upon as a guide to future performance. Save as required by law or regulation, GPH disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements in this announcement that may occur due to any change in its expectations or to reflect events or circumstances after the date of this announcement.

No party accepts any responsibility or liability whatsoever for any loss or damage occasioned to any person arising out of the process described in this notice. -----------------------------------------------------------------------------------------------------------------------

ISIN:          GB00BD2ZT390 
Category Code: SOA 
TIDM:          GPH 
LEI Code:      213800BMNG6351VR5X06 
Sequence No.:  93874 
EQS News ID:   1169449 
 
End of Announcement  EQS News Service 
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(END) Dow Jones Newswires

February 18, 2021 08:43 ET (13:43 GMT)