Exercise of Employee Share Options
July 16 2010 - 5:03AM
UK Regulatory
TIDMACHL
RNS Number : 4650P
Asian Citrus Holdings Ltd
16 July 2010
Asian Citrus Holdings Limited
("Asian Citrus" or "the Company")
Exercise of Employee Share Options
Asian Citrus Holdings Limited announces that following exercises of the
Company's Employee Share Options, 1,410,000 ordinary shares of HK$0.01 have been
issued.
All of the 1,410,000 shares were issued to Mr. PANG Yi, an executive director of
the Company. 450,000 employee options, 240,000 employee options and 720,000
employee options were exercised at 11.2 pence per share, 13.9 pence per share
and 20.45 pence per share respectively on 16 July 2010. Following this
conversion, Mr. PANG now holds 1,410,000 ordinary shares and 5,740,000 employee
options.
Application will be made today to the London Stock Exchange for the ordinary
shares, which will rank pari passu with the existing ordinary shares in issue,
to be admitted to trading on AIM, and admission is expected to become effective
on 23 July 2010.
16 July 2010
This information is provided by RNS
The company news service from the London Stock Exchange
END
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