YCO Yco Group

TIDMYCO

RNS Number : 6696H

YCO Group PLC

01 June 2011

1 June 2011

YCO Group plc

("YCO" or the "Company")

Admission of ordinary Shares

YCO, a leading provider of specialist services to superyachts, today announces that it has issued 321,388 ordinary shares of 0.35p each ("New Ordinary Shares") to Beatriz Alonso as part of a deferred consideration package in respect of the acquisition of BA Yachts Assistance S.L. in 2007.

Application has been made to the London Stock Exchange for the admission of the New Ordinary Shares and trading is expected to commence on AIM at 8.00 a.m. on 2 June 2011 ("Admission").

Following Admission, the Company's total issued share capital will comprise 48,487,789 ordinary shares with voting rights. This figure 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 in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

For further information please contact:

 
 YCO Group plc 
 Charlie Birkett, Chief Executive   Tel: +377 93 50 12 12 
 Arbuthnot Securities 
 Tom Griffiths / Ed Groome          Tel: + 44 (0)20 7012 2000 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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