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29 Dec 2014 16:45
29 December 2014
ALTERNATIVE ENERGY LIMITED
("AEL" or the "Company")
Director's Dealings
The Company was informed on 24 December 2014 that on 22 December 2014 Christopher Nightingale, the Executive Chairman of the Company, transferred a total of 6 million ordinary shares of nil par value in the capital of the Company ("Ordinary Shares") at par in order to settle a personal loan amounting to £30,000. The 6 million Ordinary Shares, although traded at par, were therefore valued at £30,000 (amounting to 5 pence per such Ordinary Share).
Following this disposal, Christopher Nightingale is now beneficially interested in 920,000,666 Ordinary Shares, representing approximately 37.35% of the Company's current issued ordinary share capital.
For further information please see the Company's website: www.alternativenergy.com.sg or please contact:
ALTERNATIVE ENERGY LIMITED | |
Richard Lascelles, Independent Non-executive Director Eric Goh, Executive Director | Tel: +44 (0) 20 7408 1067 Tel: +65 68737782
|
BEAUMONT CORNISH LIMITED (Nomad and Broker) | |
Roland Cornish and Emily Staples
| Tel: +44 (0) 20 7628 3396 |
BEAUFORT SECURITIES (Broker) | |
Jon Levinson | Tel: +44 (0) 20 7382 8300 |
ALR.L (ALR)
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