Statement Regarding Tilbury Container Terminal (1853W)
January 25 2012 - 11:30AM
UK Regulatory
TIDMDPW TIDMDPW TIDM50PC TIDM91SN
RNS Number : 1853W
DP World Limited
25 January 2012
DP WORLD STATEMENT REGARDING TILBURY CONTAINER TERMINAL
Dubai, UAE, 25 January 2012; DP World Limited has sold all 34%
of its shares in Tilbury Container Services Limited (operator of
Tilbury Container Terminal in the United Kingdom) to a subsidiary
of Otter Ports Holdings Ltd, owner of Forth Ports Limited for a
total consideration for the shares of GBP48.45 million
($75.48[i]).
Following a similar transaction with Associated British Ports,
the shareholder of Forth Ports now own 100% of Tilbury Container
Services.
- END -
[i] Exchange rate of GBP1 to $1.56 as of 25 January 2012
For further information
Fiona Piper
Investor Relations
DP World
Telephone +44 207 901 4142
This information is provided by RNS
The company news service from the London Stock Exchange
END
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