Globaltrans celebrates 10th anniversary of LSE listing
In 2018 Globaltrans Investment PLC, a leading freight rail transportation group with operations in Russia, CIS and Baltic countries, celebrates the 10-year anniversary of its Main Market listing on the London Stock Exchange.
Globaltrans was the first transportation group with operations in Russia to have an international listing. The company floated in 2008 and has always maintained its commitment to international standards of corporate governance and transparency of reporting. Currently the free float exceeds 50%.
Over the years the Group has delivered on its clear strategy to drive shareholder value taking an opportunistic return-oriented investment approach backed by prudent capital allocation and conservative financial policies.
To commemorate the occasion, Globaltrans’ Chief Executive, Valery Shpakov, and Chief Financial Officer, Alexander Shenets, opened the market at the London Stock Exchange.
Globaltrans’ Chief Executive, Valery Shpakov, commented: “I am incredibly proud of what the Group has achieved over the past 10 years. Our listing on the London Stock Exchange has provided us with the access to capital that, alongside our strong management team and our clear strategy, has enabled us to grow our fleet, strengthen our market position and build a reputation amongst our clients for industry-leading logistics and quality service. We are grateful to our shareholders for coming with us on this journey and we look forward to continued dialogue with them as we continue to develop and grow our business in the future.”
Globaltrans Investor Relations
Mikhail Perestyuk / Daria Plotnikova
+357 25 328 860
For international media
+44 7799 413351
NOTES TO EDITORS
Globaltrans is a leading freight rail transportation group with operations in Russia, the CIS and the Baltic countries. The Group’s main business is the provision of freight rail transportation services. Globaltrans provides services to more than 500 customers and its key customers include a number of large Russian industrial groups in the metals and mining and the oil products and oil sectors.
The Group had a Total Fleet of about 67 thousand units at the end of 2017. Universal gondola cars and rail tank cars constitute the backbone of the Group’s fleet. About 92% of the Total Fleet is owned by the Group with an average age of 11 years.
In 2017, the Group’s Freight Rail Turnover (including Engaged Fleet) was 178.2 billion tonnes-km with the total revenue amounted to RUB 78.1 billion.
Globaltrans' global depositary receipts (ticker symbol: GLTR) have been listed on the Main Market of the London Stock Exchange since May 2008. Globaltrans was the first freight rail transportation group with operations in Russia to have an international listing.
To learn more about Globaltrans, please visit www.globaltrans.com
Some of the information in this announcement may contain projections or other forward-looking statements regarding future events or the future financial performance of Globaltrans. You can identify forward-looking statements by terms such as 'expect', 'believe', 'anticipate', 'estimate', 'intend', 'will', 'could', 'may' or 'might', the negative of such terms or other similar expressions. Globaltrans wishes to caution you that these statements are only predictions and that actual events or results may differ materially. Globaltrans does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Globaltrans, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries Globaltrans operates in, as well as many other risks specifically related to Globaltrans and its operations.