13th May 2008 06:00
FOR IMMEDIATE RELEASE
Holding(s) in Company
SHAREHOLDING IN THE COMPANY
Press Release 13 May 2008
Hellenic Carriers Limited, ("Hellenic" or the "Company") (AIM: HCL), an international provider of marine transportation services for dry bulk cargoes, was notified on 9 May 2008 that, as at close of business on 7 May 2008, UBS Global Asset Management, had an interest with direct voting rights in 1,566,780 ordinary shares of US$0.001 each in the Company, representing 3.43% of the total issued share capital of the Company.
For further information please contact:
Hellenic Carriers Limited
Fotini Karamanlis, Chief Executive Officer
E-mail: [email protected] +30 210 455 8900
Jefferies International Limited
Nick Davies +44 20 7029 8000
Schuyler Evans
Capital Link Inc.
Ramnique Grewal +1 212 661 7566 (New York)
Vice President +44 20 7614 2950 (London)
E-Mail: [email protected]
Further Information - Notes to Editors
Hellenic Carriers Limited owns and operates a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes worldwide. Its current fleet consists of five vessels, comprising three Panamaxes, one Handymax and one Supramax. The Company has also contracted to acquire a Panamax vessel with expected delivery between 1 March and May 31 2008. Including the new Panamax vessel to be delivered, Hellenic's fleet has an aggregate carrying capacity of 372,761 dwt and an average age of 13 years as at 31 March 2008.
Related Shares:
HCL.L