(YCO) YCO Group

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:

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:

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 

25 November 2011

YCO Group plc

Trading Statement

YCO Group plc ("Y.CO" or the "Company"), a leading provider of specialist services to superyachts, today provides the following trading statement. 

Despite 2011 being a year of difficult economic and challenging market conditions,  Y.CO has completed a successful restructuring, refocus and rebranding of the Company.  The Board has focused on increasing market share in its core service areas through brand and marketing initiatives and the recruitment of key personnel.  This has required a significant level of cost and investment, that, combined with the delay of certain contracted revenues into early 2012, will result in profits for the year ending 31 December 2011 being significantly lower than market expectations. 

However, these initiatives and investments have also resulted in satisfying operational performance:  the number of yachts under management in the Y.CO fleet has increased during the second half of 2011 and the number of charter weeks booked for 2011 will exceed that of 2010.  Over the year, the Company has also signed a number of new build projects and attracted some excellent new yachts to its sales and charter fleet, including the 45m explorer yacht Big Fish to its sales fleet and the 67m sailing yacht Vertigo to its charter fleet.

Overall, the Company anticipates a breakeven trading position for the year but remains confident of continuing not only to maintain, but to increase its market share throughout 2012 in spite of ongoing economic uncertainty.

For further information:

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 

                                                                                                         21 September 2011

YCO Group plc

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 client. The project will involve the full custom build of a motor yacht with an overall length of over 80 metres.  The transaction will deliver material revenues throughout the period of construction until delivery in late 2014.

For further information:

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