2 Mar 2023 13:55

Global Ports shareholders approve company's redomiciliation to Russia

MOSCOW. March 2 (Interfax) - Shareholders of Global Ports Investments PLS approved the company's redomiciliation from Cyprus to Russia at an extraordinary meeting on Thursday.

Global Ports said in a statement that shareholders approved the company's redomiciliation to a special administrative district (SAR) on Russky Island in the Primorye Territory.

Shareholders also approved changing the company's name from Global Ports Investments PLC to Global Ports Investments International Joint Stock Company (GPI IJSC).

Delo Group (controlled by Sergey Shishkarev and Rosatom) owns 61.5% of Global Ports. Ilibrinio Establishment Ltd and Polozio Enterprises Ltd (former owners of National Container Company, NCC) each own 9% in the capital of Global Ports. The free float is 20.5%.