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13 Dec 2010 12:01
13 December 2010
GREEN DRAGON GAS LTD
("Green Dragon" or "the Company")
EXERCISE OF SHARE OPTIONS
Green Dragon Gas Ltd. (AIM:GDG), one of the largest independent companies involved in the production of CBM gas and the distribution and sale of wholesale gas in China, announces that following the exercise of employee share options, application has been made by Green Dragon for a further 56,250 ordinary shares of US$0.0001 each in the Company ("Ordinary Shares") to be admitted to trading on AIM.
It is expected that these new Ordinary Shares, which will rank pari passu in all respects with the existing Ordinary Shares, will be admitted to trading on 17 December 2010.
Following the exercise of the options, Green Dragon will have 129,388,586 Ordinary Shares in issue.
For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:
Stephen Hill / Betty Cheung Green Dragon Gas | +852 3710 0168 |
Dr Azhic Basirov / David Jones Nomad & Broker, Smith & Williamson | +44 20 7131 4000 |
Robert Collins, Tim Redfern Broker, Evolution Securities | +44 20 7071 4312 |
Judith Rawnsley Broker, CLSA | +852 2600 8203
|
James Henderson, Phillip Dennis Investor Relations, Pelham Bell Pottinger | +44 20 7861 3232
|
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