3 Feb 2015 09:13
For immediate release | 3 February 2015 |
Asian Citrus Holdings Limited
("Asian Citrus" or the "Company")
Significant Shareholder Dealings
Asian Citrus was notified on 2 February 2015 that Huge Market Investments Limited ("Huge Market"), a wholly owned subsidiary of Chaoda Modern Agriculture (Holdings) Limited ("Chaoda"), sold 7,300,000ordinary shares of HK$0.01 each in the Company ("Ordinary Shares") on 28 January 2015 at an average price of HK$0.837(equivalent to approximately 7.125 pence) per share; and 10,100,000 Ordinary Shares on 2 February 2015 at an average price of HK$0.754 (equivalent to approximately 6.465 pence) per share.
Following the above transactions, Huge Market now holds 54,426,722 Ordinary Shares representing 4.36% of the Company's issued share capital. Chaoda is deemed to be interested in 54,426,722 Ordinary Shares held by Huge Market by virtue of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
For further enquiries please contact:
Asian Citrus | +852 2559 0323 |
Mark Ng (Executive Director, Chief Financial Officer and Company Secretary) | |
Cantor Fitzgerald Europe (NOMAD and Broker) | +44 (0) 20 7894 7000 |
Rick Thompson / David Foreman (Corporate Finance) | |
Richard Redmayne (Corporate Broking)
| |
Weber Shandwick Financial | +44 (0) 20 7067 0700 |
Nick Oborne, Stephanie Badjonat, Tom Jenkins |