Last checked at 9 Feb 2012 14:20
09 February 2012
UniVision Engineering Limited
("UniVision" or the "Company")
Director Dealings
UniVision, the AIM listed Hong Kong based designer and installer of digital surveillance and integrated security systems, announces that on 08 February 2012, Stephen Koo, Chairman of UniVision, purchased 2 million shares in the Company at an average price of 0.45 pence per share. Following this share purchase, Mr Koo now has a total beneficial interest in 274,103,700 ordinary shares in the Company. Mr Koo's shares are held as follows:
| Number of Ordinary Shares | % of total issued share capital |
UniVision Holdings Limited | 183,736,000 | 47.9 |
Up Sky Investments Limited | 78,744,000 | 20.5 |
Stephen Koo | 11,623,700 | 3.0 |
Total | 274,103,700 | 71.4 |
UniVision Holdings Limited is wholly owned by Up Sky Investments Limited, which is in turn wholly owned by Mr Koo.
Following this share purchase, the Board would like to reaffirm the Company's commitment to maintaining UniVision's quotation on AIM.
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For further information visit www.uvel.com or contact:
UniVision Engineering Limited | +852 2389 3256 |
Stephen Koo, Chairman | |
Chun Hung Wong, CEO | |
Nicholas Lyth, Non-Executive Director | +44 (0) 7769 906 686 |
Allenby Capital Limited (Nominated Adviser/ Broker) | |
Nick Athanas/James Reeve | +44 (0) 203 328 5656
|
Notes to Editors:
About UniVision Engineering
UniVision was incorporated in Hong Kong in 1979 and is now established in Hong Kong, Macau and China. The Group designs, sources and sells its own brand-name products and OEM products including, Microprocessor CCTV Control Systems, Video Distribution Amplifiers, Fibre Optic Transmission Systems and Smart Card Access Systems.
UniVision currently offers hybrid security systems and has a portfolio of cutting edge digital technology used by its blue chip client base and the Hong Kong Government. UniVision is included in the Hong Kong Government's list of "Approved Suppliers and Installation of Video Electronics Equipment".
To date the Group has completed high profile projects for clients including Hong Kong International Airport, Tsing Ma Bridge Crossing, Mass Transit Railway, Shanghai Plaza 66 and Sydney CityRail Network selling its products through its distribution channels in China, Taiwan and other Asian countries.