Goldenport Holdings Inc. announces that the scrip dividend reference price for the fully paid shares to be issued to shareholders will be 102.7 pence per share.
Goldenport Holdings Inc. 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 2008 final dividend will be 102.7 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 18 March 2009, being the Company's Ex-Dividend Date for the final dividend.
A shareholder electing for the scrip dividend option rather than cash would receive one new ordinary share for every 51.35 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 2008 final dividend will be set out the circular to be sent to shareholders on or around 2 April 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.
Total Voting Rights
Goldenport Holdings Inc. the international shipping company that owns and operates a fleet of container and dry-bulk vessels, notifies that the Company's outstanding issued share capital as at close of business on 26 March 2009 consists of 70,112,359 ordinary shares with a nominal value of US$0.01 each with voting rights ("Ordinary Shares"). No Ordinary Shares are held in Treasury; therefore the total number of voting rights in the Company is 70,112,359.
The above figure of 70,112,359 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.
Investors are reminded of the obligation to notify the Company of the acquisition or disposal of holdings of voting rights in the Company resulting from shareholdings or through direct or indirect holdings of relevant financial instruments under Chapter 5 of the Disclosure & Transparency Rules published by the Financial Services Authority.