OOO Delo-Center has entered into a binding agreement to acquire additional 30.75% stake in Global Ports Investments PLC (LSE:GLPR) from APM Terminals B.V on August 29, 2022. Delo Group already owns 30.75% of the shares in GPI. With the divestment of its shares in GPI, APMT will no longer be involved in any entities operating in Russia or own any assets it the country.

The Group also announces that Soren Jakobsen, Mogens Petersen and Kristian Bai Holund have tendered their resignation from the Company's Board of Directors, effective from September 13, 2022. The Board has elected Vladimir Bychkov as the Chairman of the Board of Directors and has elected Andrey Lenvalsky as the member of Nomination and Remuneration committee. Transaction is subject to regulatory approvals and the transfer of share ownership takes place after regulatory approvals have been obtained.

As of September 13, 2022, the transaction was concluded after receiving the corresponding permits from the Russian regulatory authorities.