Global Ports Holding Plc (GB:GPH) has released an update.
Global Ports Holding PLC has expedited the vesting of share-based incentive awards for its employees below the Board level, issuing 636,500 new ordinary shares at £0.01 each. This move allows employees to sell their shares in response to an unconditional cash offer made by Global Yatırım Holding A.Ş. The newly issued shares will be listed on the London Stock Exchange and will represent approximately 0.91% of the company’s total outstanding share capital.
For further insights into GB:GPH stock, check out TipRanks’ Stock Analysis page.
