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3 Nov 2014 07:00

RNS Number : 9126V
LED International Holdings Ltd
03 November 2014
 



LED International Holdings Limited

(¡§LED¡¨ or the ¡§Company¡¨)

 

Total voting rights

 

The Board of LED announces that the Company's issued share capital at the date of this announcement consists of 9,440,810 ordinary shares with one voting right each. The Company does not hold any ordinary shares in treasury. Therefore the total number of ordinary shares and voting rights in the Company is 9,440,810.

 

The above figure may be used by shareholders in the Company 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 share capital of the Company.

 

For further information:

 

LED International Holdings Limited

Stephen Chan - Chief Executive Officer

+852 2243 3100

Allenby Capital Limited

Nick Naylor / Alex Price

+44 (0) 20 3328 5656

 

Notes to Editors:

 

LED International Holdings Limited and its subsidiaries specialize in the provision of EMC contracts under which the Group installs energy saving products in its customers¡¦ premises, including lighting and reactance filtering equipment supplied by the Group, and the subsequent savings made by the customers in their electricity charges are then shared between the Group and the customers thereby enabling the Group to generate recurring revenue rather than one-off sales revenue. Historically, the Group¡¦s business has been the development, manufacture and sale of low-powered light-emitting diode (¡§LED¡¨) display screens and modules.

 

Under EMC contracts, the Group provides energy efficiency solutions, including LED lighting, reactance filtering energy saving and other energy efficiency solutions.Specifically, the Group overhauls its customers¡¦ existing lighting and power consumption systems (which are based on traditional lighting technology and power generation equipment) with proprietary LED lighting products, reactance filtering equipment and other solutions provided by the Group. These energy efficiency products are installed in customers¡¦ premises. The Group bears all the upfront costs associated with the supply and installation of the energy efficiency solutions and these costs are then recouped by sharing in the monthly energy savings generated by the customers¡¦ use of the energy efficiency solutions over the period of the contracts. The Group receives revenue from customers on several different payment terms including on a pre-payment, monthly or quarterly basis.

 

For more information, please visit: http://www.led-intl.com

 

**Ends**

 

 

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