Holding(s) in Company
15 March 2007 - 6:02PM
UK Regulatory
RNS Number:9906S
Global Oceanic Carriers Ltd
15 March 2007
Press Release 15 March 2007
Global Oceanic Carriers Limited
("GO Carriers" or "the Company")
Substantial Share Increase
Global Oceanic Carriers Limited (AIM:GOC), the Greek-based drybulk shipping
company, today announces that it has been informed that on Friday, 9th March
2007, Ultra Shipping SA, a company of which Nicolas Pappadakis and Michael
Tartsinis are directors, sold its total portfolio of 968,721 shares to Argo
Global Special Situations Fund (AGSSF) at 85.5 pence per share.
As a result of the transaction Argo Global Special Situations Fund has 6,646,935
ordinary shares in Global Oceanic Carriers Limited, representing 16.6 per cent
of the issued share capital of the Company.
- Ends -
For further information:
Global Oceanic Carriers Limited
Michael Tartsinis, Chief Executive Officer Tel: 00 30 210 898 6362
mtartsinis@gocarriers.com www.gocarriers.com
Jefferies International Limited
Andrew Meigh Tel: +44 (0) 20 7618 3500
ameigh@jefferies.com www.jefferies.com
Media enquiries:
Abchurch
Henry Harrison-Topham / Charlie Jack Tel: +44 (0) 20 7398 7700
henry.ht@abchurch-group.com www.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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