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Scrip Dividend Reference Price

17th Sep 2009 10:21

RNS Number : 2210Z
Goldenport Holdings Inc
17 September 2009
 



Goldenport Holdings Inc.

 Athens, 17 September 2009

Scrip Dividend Reference Price

Goldenport Holdings Inc ('Goldenport' or the 'Company'), (LSE: GPRT) announces that the scrip dividend reference price for the fully paid shares to be issued to shareholders who elect to receive the scrip dividend option for the 2009 interim dividend will be 134.70 pence per share. 

The reference price is calculated as the average of the middle market quotations for the Company's shares as derived from the Daily Official List of the London Stock Exchange for the five consecutive dealing days commencing on 9 September, being the Company's Ex-Dividend Date for the 2009 interim dividend. 

A shareholder electing for the scrip dividend option rather than cash would receive one new ordinary share for every 192.43 shares registered in their name on the Record Date. A balancing cash payment will be made for any fractions of new shares that would be received under the scrip dividend option. 

The detailed terms of the scrip dividend option for the 2009 interim dividend will be set out the circular to be sent to shareholders on or around 22 September 2009.

 

The opportunity to elect to receive the scrip dividend in place of the cash dividend is not being offered to any person who is, or whom the Company believes is, resident in the United States of America, Canada, Australia, South Africa or the Republic of Ireland or Japan or their respective territories or possessions (subject to applicable exemptions) or in any jurisdiction outside the United Kingdom where the offer requires compliance by the Company with any governmental or regulatory procedures or any similar formalities. Further details related to the eligibility of shareholders to elect to accept the scrip dividend option will be set out in the circular.

ENDS -

 

For further information, please contact

 

Goldenport Holdings Inc.:

Christos Varsos, Chief Financial Officer  +30 210 8910500

Eleftheria Savvidaki, Company Secretary  +30 210 8910500

 

Investor Relations Coordinators:

Capital Link:

Annie Evangeli - London  +44 203 206 1320

Nicolas Bornozis - New York +1 212 661 7566

Email:   goldenport@capitallink.com

info@goldenport.biz

Further Information:

Overview of Goldenport

Goldenport is an international shipping company that owns and operates a fleet of twenty six container and dry bulk vessels that transport cargo worldwide. The fleet consists of thirteen container vessels (including two new-build vessels with deliveries scheduled for 2011) and thirteen dry bulk carriers (including six new-build vessels with deliveries scheduled for 2010 and 2011). Goldenport is listed on the London Stock Exchange under the ticker GPRT.

Website: www.goldenportholdings.com or www.goldenport.biz

This information is provided by RNS
The company news service from the London Stock Exchange
 
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