Additional listing
Application has today been made to the London Stock Exchange for 50,000 shares of 1p each in the Company ('Ordinary Shares') to be admitted to trading on AIM.
The Ordinary Shares are being issued under the terms of the Company's Long-Term Incentive Plan to an existing employee of the Company. Admission of these Ordinary Shares is expected to become effective on 31 December 2009.
Following this issue, the total number of Ordinary Shares in issue will be 17,691,514.
For further information, please contact:
ACM Shipping Group plc |
|
| Johnny Plumbe, Chief Executive Ian Hartley, Finance Director |
Tel: +44 (0) 20 7930 7555 |
| jplumbe@acmshipping.co.uk ihartley@acmshipping.co.uk |
www.acmshipping.com |
| Noble & Company Limited | |
| John Llewellyn-Lloyd |
Tel: +44 (0) 20 7763 2200 |
| Sam Reynolds sam.reynolds@noblegp.com |
www.noblegp.com |
Media enquiries:
| Abchurch | |
| Joanne Shears / Stephanie Cuthbert Joanne.Shears@abchurch-group.com |
Tel: +44 (0) 20 7398 7709 www.abchurch-group.com |
Notes to Editors
ACM is one of the world's leading tanker ship brokers and has established itself as the market leader in oil transportation. The Group's key activities are spot brokerage, time charter, project brokerage, sales and purchase, derivatives brokerage, research and consulting.
Established in London in 1982, the Group has since expanded its international operations with offices based in London, Singapore, India and China. ACM employs over 100 brokers and support staff who provide clients with global experience and intimate local knowledge of the world's shipping centres. The Group has a strong network of clients which include major oil producers, independent oil traders, ship-owners and operators. The business has been profitable every year since it was founded.
ACM was admitted to AIM on 6 December 2006. For more information on the Group please visit www.acmshippinggroup.com