Additional listing
Application has today been made to the London Stock Exchange for 180,000 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 29 July 2008.
Following this issue, the total number of Ordinary Shares in issue will be 17,461,514.
For further information, please contact:
ACM Shipping Group plc |
|
| Ian Hartley, Finance Director | Tel: +44 (0) 20 7930 7555 |
| Noble & Company Limited | |
| John Llewellyn-Lloyd, Corporate Finance Matthew Hall, Corporate Finance |
Tel: +44 (0) 20 7763 2200 Tel: +44 (0) 20 7763 2200 |
Media enquiries:
| Abchurch | |
| Henry Harrison Topham / Stephanie Cuthbert | Tel: +44 (0) 20 7398 7700 |
Notes to Editors
ACM is one of the world's principle tanker ship brokers and has established itself as the market leader in oil transportation. The Group's key activities are spot brokerage freight, 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 70 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