Our indirect subsidiary Global Liman İşletmeleri A.Ş. informed us that, it has increased its current shareholding in share capital of Ege Liman İşletmeleri A.Ş., which operates Kuşadası Cruise Port, from 90,47% to 99,99% by acquiring 9,52% shares owned by Royal Caribbean Cruises Ltd.
Our indirect subsidiary Global Ports Holding Ltd. informed us that its relevant subsidiary has today signed a Share Purchase Agreement with Royal Caribbean Cruises Ltd. ("RCCL") to acquire half of RCCL's 20% shareholding (10%) in Lisbon Cruise Port, Lda. ("Lisbon Port"), which operates Lisbon Cruise Port. The share transfer will be completed following the satisfaction of the conditions precedent, primarily including approvals from official authorities, and upon completion of the share transfer, Global Ports Holding Ltd. will increase its indirect shareholding in the share capital of Lisbon Port from 50% to 60%. This increase in shareholding means that Lisbon Port will be added to the consolidated perimeter in the Group's consolidated financial statements (from equity pick-up entity).
This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.
Respectfully announced to the public.
Kind regards,