Director/PDMR Shareholding
ACM Shipping Group plc (AIM:ACMG), a leading international shipbroker,is pleased to announce the following awards of share options under its Sharesave option scheme. These awards were granted on 1 February 2011.
| Option holders | Number of options on ordinary shares | Option price |
| JL Plumbe | 5,084 | £1.77 |
| IM Hartley | 5,084 | £1.77 |
| Other employees | 99,011 | £1.77 |
| TOTAL | 109,179 |
This grant of options over 109,179 ordinary shares represent 0.56% of the ordinary shares in issue (excluding shares held in treasury). 55,508 of these share options will be exercisable in 2014 and 53,671 will be exercisable in 2016.
Following this grant of options, the total number of options over ordinary shares that have been granted to directors and employees in relation to the Sharesave scheme, the EMI scheme and the Long Term Incentive Plan is set out as follows:
| Option holders | Total number of options over ordinary shares granted |
| JL Plumbe | 217,144 |
| JC Gundy | 10,500 |
| IM Hartley | 59,745 |
| Other employees | 459,777 |
| TOTAL | 747,166 |
The total number of the Group's ordinary shares of 1 pence in issue is 19,430,850 (excluding shares held in treasury).
For further information, please contact:
| ACM Shipping Group plc | |
| Johnny Plumbe, Chief Executive | Tel: +44 (0) 20 7484 6311 |
| Ian Hartley, Finance Director | Tel: +44 (0) 20 7484 6311 |
| ihartley@acmshipping.co.uk | www.acmshippinggroup.com |
| Execution Noble & Company Limited | |
| John Llewellyn-Lloyd | Tel: +44 (0) 20 7456 9191 |
| Harry Stockdale | www.execution-noble.com |
| Media enquiries: | |
| Abchurch | |
| Henry Harrison-Topham | Tel: +44 (0) 20 7398 7702 |
| henry.ht@abchurch-group.com | www.abchurch-group.com |
Notes to Editors
ACM is one of the world's principal shipbrokers, providing a full range of integrated ship broking services for the global market. It is widely recognised as a market leader in oil transportation. The Group's key activities are spot freight brokerage, time charter and project brokerage, sale and purchase, new buildings, demolition and derivatives brokerage. In June 2010, the Group expanded its offering into dry cargo through the acquisition of the business of Endeavour Shipbrokers Pty Limited and has also recently set up a new dry cargo venture in London. This is in line with ACM's stated strategy to become an integrated global ship broking services provider.
Established in London in 1982, the Group has since expanded its international operations with offices based in London, Singapore, India, Australia and China. ACM employs over 130 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