HONG KONG, Feb. 11, 2021 /PRNewswire/ -- Euro Tech Holdings
Company Limited (NASDAQ: CLWT) (the "Company") announced today that
its board of directors has authorized the issuance of bonus shares
(the "Bonus Shares"), which are issuable on March 2, 2021 to shareholders of record as of
February 23, 2021 (the "Record
Date"). Shareholders of record on the Record Date will receive two
(2) ordinary shares for every three (3) ordinary shares held. All
issuances resulting in a fractional share will be rounded down to
the next whole share.
Shareholders do not need to take any action to receive the Bonus
Shares. Shares held in brokerage accounts and street name
should receive the Bonus Shares by credit to their brokerage
account. American Stock Transfer and Trust LLC ("ASTT") has
been appointed as agent for administration of the issuance of the
Bonus Shares and any questions should be directed to the attention
of ASTT at (800) 937-5449 or (718) 921-8124.
Forward-Looking Statements
Certain statements contained in this release are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward looking
statements contained in this release relate to, among other things,
the Company's ongoing compliance with the requirements of The
NASDAQ Stock Market LLC. They are generally identified by
words such as "believes," "may," "expects," "anticipates,"
"should'" and similar expressions. Readers should not place undue
reliance on such forward-looking statements, which are based upon
the Company's beliefs and assumptions as of the date of this
release. The Company's actual results could differ materially due
to risk factors and other items described in more detail in the
"Risk Factors" section of the Company's Annual Reports on Form 20-F
filed with the Securities and Exchange Commission (copies of which
may be obtained at www.sec.gov). Subsequent events and
developments may cause these forward-looking statements to change.
The Company specifically disclaims any obligation or intention to
update or revise these forward-looking statements as a result of
changed events or circumstances that occur after the date of this
release, except as required by applicable law.
http://www.euro-tech.com
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SOURCE Euro Tech Holdings Company Limited