YCO selected for new superyacht build (4429I)
15 6월 2011 - 3:00PM
UK Regulatory
TIDMYCO
RNS Number : 4429I
YCO Group PLC
15 June 2011
15 June 2011
YCO Group plc
(the "Group")
YCO selected for new superyacht build
YCO Group plc, a leading provider of specialist services to
superyachts, is pleased to announce that it has recently contracted
a project with a leading European shipyard on behalf of a long-term
client. The project will involve the full custom build of a motor
yacht in excess of 80m and will be undertaken in conjunction with a
world-renowned, UK based Superyacht Design House. The transaction
will deliver material revenues throughout the period of
construction until delivery in 2014.
Commenting on the transaction, YCO Chief Executive Charlie
Birkett said: "We are delighted to have been chosen to undertake
the contracting and project management of a yacht of this calibre.
YCO is now involved with every major European shipyard and this
latest project is further validation of YCO as a leader in the
brokerage and management of the world's most significant
superyachts."
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 is a collection of specialist companies providing a
diverse service offering to the superyacht industry.
The Group's principal activity is the management, sale, charter
and project management of superyachts. Additional services include
the search and placement of professional yacht crew, fuelling
services and general yacht concierge services.
The Group has built a team of industry leading brokers 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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