ACM Shipping Group plc
("ACM" or "the Company")
Block Admission Return
and Total Voting Rights
ACM Shipping Group plc (AIM:ACMG), a leading international shipbroker, today announces an update to its block admission listing application which was announced on 22 June 2010.
Name of company: ACM Shipping Group plc
Name of scheme: Sharesave scheme
Period of return: 20 June 2011 to 21 December 2011
Number of ordinary shares of 1 pence 192,600
in the Company ("Ordinary Shares")
originally admitted under scheme:
Number of Ordinary Shares issued under Nil
scheme during the period:
Number of Ordinary Shares cancelled Nil
under the scheme during period:
Balance of Ordinary Shares under scheme 148,475
not yet issued at end of period:
The Ordinary Shares will be allotted and issued in due course in accordance with the rules of the scheme and will rank pari passu in all respects with the existing Ordinary Shares in issue.
As at 21 December 2011, the Company had 19,550,639 Ordinary Shares of 1 pence each ("Ordinary Shares") in issue. All of these Ordinary Shares carry voting rights of one vote per share. There are 80,189 Ordinary Shares held in treasury and therefore the total number of voting rights in the Company is currently 19,470,450.
The above figures may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Service Authority's Disclosure and Transparency Rules.
- Ends -
For further information, please contact:
ACM Shipping Group plc | ||
Johnny Plumbe, Chief Executive | Tel: +44 (0) 20 7484 6311 | |
Ian Hartley, Finance Director | ||
Execution Noble & Company Limited | ||
John Llewellyn-Lloyd | Tel: +44 (0) 20 7456 9191 | |
Harry Stockdale | ||
Notes to Editors
ACM is one of the world'sprincipal 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 150 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
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