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Director/PDMR Shareholding

24 Feb 2009 08:34

RNS Number : 7745N
Green Dragon Gas Ltd
24 February 2009
 



24 February 2009

GREEN DRAGON GAS LTD.

("Green Dragon" or the "Company")

DIRECTOR'S DEALING

Green Dragon Gas Ltd. (AIM: GDG), the Chinese vertically integrated gas business, announces that it was notified today that Randeep Grewal, the chairman and chief executive of the Company, yesterday purchased 17,500 ordinary shares in the Company (representing 0.02% of the Company's issued share capital) at a price of US$3.00 per share.

In addition to the shares purchased yesterday, Mr. Grewal is also interested in 88,000,000 ordinary shares in the Company (representing 83.1% of the Company's issued share capital) held by Green Dragon Gas (Holdings) Limited, which is ultimately owned by a trust of which family members of Mr. Grewal (including Mr. Grewal) are discretionary objects.

For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:

Randeep S. Grewal / Betty Cheung

Green Dragon Gas

+852 3710 0168

Dr Azhic Basirov / David Jones

Nomad & Broker, Smith & Williamson

+44 20 7131 4000

Tim Redfern

Broker, Evolution Securities

+44 20 7071 4300

Tim Thompson / Christian Goodbody

Investor Relations, Buchanan

+44 20 7466 5000

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