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Additional Listing

26 Feb 2010 09:07

RNS Number : 7359H
Cathay International Holdings Ld
26 February 2010
 

26 February 2010

 

 

 

Cathay International Holdings Limited

 

('Cathay' or the 'Company')

 

Additional Listing

 

 

Cathay announces that application has been made to the UK listing Authority and the London Stock Exchange for a listing of 550,000 common shares of US$0.05 each in the Company.

 

The application is in respect of the issue of the common shares to the Company's Chief Executive Officer, Mr Lee Jin Yi ('Mr Lee'), by way of cash subscription, as detailed in the announcement dated 21 January 2010 (the "Announcement").

 

As detailed in the Announcement, Mr Lee's total cash subscription was in respect of 1,842,353 new common shares. Mr. Lee has paid the cash subscription amount in full to the Company. The remaining 1,292,353 common shares will be issued to Mr Lee when the Company is able to do so in circumstances which would not cause the percentage of the Company's common shares held in public hands to fall below twenty five per cent.

 

 

Enquiries:

 

Cathay International

+852 2828 9289

Stephen Hunt

 

Deputy Chairman

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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