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16 Mar 2012 09:00
16 March 2012
Asian Citrus Holdings Limited
("Asian Citrus" or "the Company")
Director dealings
Asian Citrus was notified on 16 March 2012 that Mr. Tong Wang Chow bought and Mr. Cheung Wai Sun sold 120,000 ordinary shares of HK$0.01 each in the Company at the price of HK$5.67 (46.63 pence*) per share.
Mr. Tong Wang Chow is the Chairman and Chief Executive Officer of the Company. Following this transaction, Mr. Tong now holds 320,000 ordinary shares under his personal account and is deemed to be interested in 275,069,919 ordinary shares held by Market Ahead Investments Limited, representing 0.03% and 22.42% of the Company's issued share capital respectively. Mr. Tong's total beneficial holding is therefore now 275,389,919 ordinary shares, representing 22.45% of the Company's issued share capital and he also holds 3,850,000 employee share options
Mr. Cheung Wai Sun is an Executive Director of the Company. Following this transaction, Mr. Cheung now holds 1,320,000 employee share options.
* Conversion at £1 = HK$12.16 for reference only
For further enquires:
Asian Citrus
Eric Sung, Finance Director +852 2559 0323
Seymour Pierce Limited
Nandita Sahgal, Jonathan Wright, Tom Sheldon (NOMAD) 020 7107 8000
Richard Redmayne (Broking)
Weber Shandwick Financial
Nick Oborne, Stephanie Badjonat, John Moriarty 020 7067 0700
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