ACM SHIPPING GROUP PLC 
By 17 November 2011
ACM Shipping Group plc
(the "Company")
Notifiable Interests
The Company received notification on 16 November 2011 that AXA Investment Managers SA ("AXA") acquired 47,643 ordinary shares of 1p each in the Company ("Ordinary Shares") on 15 November 2011.
As a result, AXA holds an interest in 987,643 Ordinary Shares, representing 5.07% of the issued share capital of the Company.
- Ends -
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 |
Execution Noble | |
John Llewellyn-Lloyd | Tel: +44 (0) 20 7456 9191 |
Harry Stockdale |
Media enquiries:
Abchurch | |
Henry Harrison-Topham / Joanne Shears | Tel: +44 (0) 20 7398 7702 |
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, Dubai, India, Australia and China. ACM employs over 155 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 visitwww.acmshippinggroup.com
This information is provided by RNS
