6 Apr 2011 07:00
Cathay International Holdings Limited
("Cathay" or the "Company")
Total Voting Rights and Share Capital
Hong Kong, 6 April 2011 - Cathay International Holdings Limited (LSE: CTI.L), an investment holding company and a leading investor in the growing healthcare sector in the People's Republic of China, today would like to, in conformity with the Financial Service Authority's Disclosure and Transparency Rules, notify the market of the following:
Following the conversion of A Shares into Common Shares, the issued share capital of the Company as at31 March 2011 consisted of 370,674,177 Common Shares of US$0.05 each (the "Common Shares"). 3,200,000 of the Common Shares are held by a wholly owned subsidiary of the Company as treasury shares (the "Treasury Shares"), and therefore the total number of voting rights in the Company on that date was 367,474,177.
In addition, there are 10,568,597 A Shares of par value US$0.05 each (the "A Shares") in issue. The A Shares are not admitted to trading on a regulated or prescribed market and no application has been made for the A Shares to be admitted to the Official List maintained by the United Kingdom Listing Authority or any other market. The A Shares and the Common Shares rank equally in all respects save that each A Share carries 20 votes and each Common Share carries one vote. The A Shares are convertible into Common Shares on a one-for-one basis.
The number of issued Common Shares less the number of Treasury Shares (367,474,177) may be used by holders of the Common Shares as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Services Authority's Disclosure and Transparency Rules.
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About Cathay International Holdings Limited
Cathay International Holdings Limited ("CIH"), focused on the People's Republic of China ("PRC"), is an investment holding company and a leading investor in the growing healthcare sector in China. The Group now employs more than 2000 people across the PRC, including over 30 specialist corporate and business development staff based at the holding company's headquarters in Hong Kong and Shenzhen.
The Group aims to identify investment opportunities with emphasis on high growth healthcare markets and build them into market sector leaders, with a clear exit strategy. The Group has demonstrated a strong track record of identifying potential high-growth investment opportunities in this area, including: Lansen Group, a leading specialty pharmaceutical company focused on rheumatology and Haotian Group, a company engaged in the manufacture, marketing and sale of key active ingredients for healthcare products, including inositol. To complement its healthcare portfolio, CIH has an R&D business focused on bringing new products to the growing Chinese market.
The Group also has a private equity investment arm focused on minority investment opportunities and a hotel investment.
The Company's website is at http://www.cathay-intl.com.hk.