YCO Yco Group

TIDMYCO

RNS Number : 9932T

YCO Group PLC

14 December 2011

14 December 2011

YCO Group plc

Significant shareholders

YCO Group plc (the "Company"), a leading provider of specialist services to superyachts, has been made aware of some recent changes to interests of certain of its significant shareholders of which the Company has not been notified.

As at the date of this announcement, the Company is not aware of any person who, directly or indirectly, has an interest representing 3% or more in the ordinary share capital of the Company, other than those set out below:

 
 Name                                Shareholding   Percentage 
 State Street Nominees Ltd             10,209,440        21.06 
 ZMS Investments Ltd                    6,785,714        13.99 
 Albuno Limited                         4,910,000        10.13 
 Jean-Victor Pastor                     4,081,633         8.42 
 Gary Wright                            3,426,451         7.07 
 Charlie Birkett                        3,426,450         7.07 
 John Clark (via Vidacos Nominees 
  Ltd)                                  3,379,884         6.97 
 

On 1 June 2011, the Company announced that it had issued 321,388 ordinary shares of 0.35p each ("New Ordinary Shares"). Following admission of the New Ordinary Shares, the Company's total issued share capital comprises 48,487,789 ordinary shares with voting rights. As a result of the issue of the New Ordinary Shares, ZMS Investments Ltd's interest in the Company was diluted from 14.09% to 13.99%.

The Company has also become aware that LJ Milton no longer has a notifiable interest in the Company and that Albuno Limited is now interested in 4,910,000 ordinary shares, representing approximately 10.13% of the Company's issued share capital.

For further information:

 
 YCO Group plc                      Tel: +377 93 50 12 12 
 Charlie Birkett, Chief Executive 
 
 
 Arbuthnot Securities Limited   Tel: + 44 (0)20 7012 2000 
 Tom Griffiths / Ed Groome 
 
 
 Media Enquiries - Hudson Sandler   Tel: + 44 (0)20 7796 4133 
 Charlie Jack / Nathan Field 
 

Notes to Editors

YCO Group provides a diverse service offering to the superyacht industry.

The Group's principal activities are the management, sale, charter and project management of superyachts. Additional services include the search and placement of professional yacht crew and general yacht concierge services.

Over the past eight years, the Group has built a team of industry leading brokers and yacht managers, enabling it to offer its services to a growing roster of global clients.

In May 2008, YCO Group's shares were admitted to the AIM market of the London Stock Exchange through the reverse takeover of Deuxmil Marine PLC, making it the only UK listed yacht broker. The Company currently operates in Monaco, London, Antibes, Palma, Newport and the Gulf.

For further information, please see www.ycogroup.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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