26 Feb 2010 09:07
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 |
|
CTI.L (CTI)