
ACM Shipping Group plc (AIM:ACMG), a leading international tanker broker, is pleased to announce the following awards of share options under its Sharesave option scheme.
These awards were granted on 24 January 2008.
| Option holders | Number of options on Ordinary Shares |
Price of issue |
| Johnny Plumbe | 6,000 | £1.60 |
| James Gundy | 10,500 | £1.60 |
| Ian Hartley | 6,000 | £1.60 |
| Employees | 195,000 | £1.60 |
| TOTAL | 217,500 |
This issue of 217,500 options on ordinary shares represent 1.26% of the ordinary shares in issue. 157,500 of the share options will be exercisable in 2013 and 60,000 will be exercisable in 2011.
Following this award of options the total number of options on Ordinary Shares in issue is as set out in the table below:
| Option holders | Total number of options on Ordinary Shares in issue |
| Johnny Plumbe | 6,000 |
| James Gundy | 10,500 |
| Ian Hartley | 54,661 |
| Employees | 195,000 |
| TOTAL | 266,161 |
The total number of the Group's ordinary shares of 1p in issue is 17,281,514.
For further information, please contact:
| ACM Shipping Group plc |
|
| Ian Hartley, Finance Director | Tel: +44 (0) 20 7930 7555 |
| ihartley@acmshipping.co.uk | www.acmshippinggroup.com |
| Noble & Company Limited | |
| John Llewellyn-Lloyd, Corporate Finance Matthew Hall, Corporate Finance |
Tel: +44 (0) 20 7763 2200 |
| matthew.hall@noblegp.com | www.noblegp.com |
| Media enquiries: | |
| Abchurch |
|
| Charlie Jack / Stephanie Cuthbert | Tel: +44 (0) 20 7398 7700 |
| stephanie.cuthbert@abchurch-group.com | 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 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 and New York with plans to expand into China and India. ACM employs over 60 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