Seascope Shipping Holdings PLC
7 March 2001
Seascope Shipping Holdings PLC
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Press Release
For immediate release 7 March 2001
Seascope Shipping Holdings plc ('the Company')
Completion of merger with Braemar Shipbrokers
Following an EGM held by the company on 7 March, during which shareholders
approved all resolutions, the Board is pleased to announce the completion of
the merger with Braemar Shipbrokers.
Sir Peter Cazalet, Chairman, said.
'I am delighted that Shareholders approved the merger of Seascope with Braemar
Shipbrokers. The merger has now been completed and today marks a new beginning
for the combined Group, which I have no doubt will prove to be a major force
in the International shipping markets.'
Trading in the new shares will commence on 8 March 2001.
Ends
For further information, contact:
Seascope Shipping Holdings PLC
Alan Marsh, Chief Executive Tel: 020 7353 2600
Derek Walter, Finance Director Tel: 020 7903 2600
Grandfield
Clare Abbot Tel: 020 7417 4170