The Global Russian Ports announces an initial public offer to the Stock exchange of London



The main Russian terminalista society Global Ports Investments PLC (GPI), that private N-Trans Russian takes part of the trasportistico group, has announced today the intention to quote titles GDR (Global Depositary Receipts) to the Stock exchange of London through an initial public offer consisting mainly in the offer of common stocks of the society and in the sale of the Transportation Holding Investment Ltd. (TIHL) in the GDR form. The objective is to collect about 100 million dollars in order to finance the investment programs of the company in the harbour field in Russia. Al term of the Hypo the previewed floating capital of GPI will be pairs to about 25% of its emitted capital stock.

"Our decision to quote us to the Stock exchange of London - the president of GPI, Nikita Mishin has commented - denotes our determination to grow on the base of the results and the up to now achieved successes from Global Ports. We stop the position number in handling of the container and the fuel oil exports in Russia and absolutely have the ability to adapt us to the wait increase of the market let alone the potential one in order to widen our current terminalistiche infrastructures. Moreover our strategy of increase, which supported from expert a managerial team, reveals that we are ready to pursue the many opportunities that are made available in the Russian harbour industry, that it is in fast increase. We are anxious to welcome to new shareholders, to widen our activities and to strengthen our position of leadership".

Global Ports work three container terminal in Russia, of which two (Petrolesport and Moby Dik) in the port of Saint Petersburg and (a VSC) in the port of Vostochny. In Russia the society manages also inland the terminal of Yanino, near Saint Petersburg. Moreover the company work two container terminal in Finland: the terminal MLT-Kotka in the port of Kotka and the MLT-Helsinki terminal in the port of Vuosaari.

Global Ports work in the field of the traffic of the oil produced ones through Vopak E.O.S., joint venture with the Dutch group Royal Vopak, that it manages the greatest oil terminal of the Baltic Sea.

Last year Global Ports has enlivened a traffic of the container pairs to about 1.095.000 teu, with an increment of 81.3% regarding 2009. In the first three months of the 2011 society it has enlivened about 341.000 teu (+67.2%). In the field of the oil traffic last year Vopak E.O.S it has enlivened 18,2 million tons, with an increase of 8% on the year precedence, while in the first trimester of 2011 it has enlivened 4,5 million tons, with an increase of 9% on the first three months of 2010.