Director/PDMR Shareholding (7300Y)
December 31 2010 - 3:02AM
UK Regulatory
TIDMACHL
RNS Number : 7300Y
Asian Citrus Holdings Ltd
31 December 2010
31 December 2010
Asian Citrus Holdings Limited
("Asian Citrus" or "the Company")
Director Dealings
Asian Citrus was notified on 30 December 2010 that Market Ahead
Investments Limited and Mr. Nicholas Smith received 3,846,766 and
10,560 scrip dividend alternative to the dividends in the Company
on 31 December 2010 at an offer price of HK$9.878 (equivalent to
78.52 pence) per share.
Market Ahead Investments Limited, the issued share capital of
which is beneficially owned as to 76% by Mr. Tong Wang Chow, the
Chairman and an executive Director, 6% by Mr. Tong Hung Wai, Tommy,
an executive Director, 6% by Mrs. Tong Lee Fung Kiu, 6% by Ms. Tong
Mei Lin and 6% by Mr. Lee Kun Chung. Following the scrip dividend,
Market Ahead Investments Limited now holds 275,069,919 ordinary
shares representing 22.671% of the Company's issued share capital.
Mr. Tong Wang Chow is deemed to be interested in 275,069,919
ordinary shares held by Market Ahead Investment Limited by virtue
of the Securities and Futures Ordinance (Chapter 571 of the Laws of
Hong Kong).
Mr. Nicholas Smith, an independent non-executive director of the
Company is a direct beneficiary of the Carey Pensions &
Benefits Limited as Trustee of InterRetire - Smith Executive
Retirement Plan (the "Plan") and is consequently taken as having an
interest in all shares in the Plan. Following the scrip dividend,
the Plan and Mr. Nicholas Smith now hold 323,592 ordinary shares
and 431,459 ordinary shares respectively representing 0.027% and
0.035% of the Company's issued share capital respectively. Mr.
Nicholas Smith's total beneficial holding is therefore now 755,051
ordinary shares representing 0.062% of the Company's issued share
capital.
For Further Information Contact:
Nick Oborne/John Moriarty/Stephanie Badjonat
Weber Shandwick Financial 0207 067 0700
This information is provided by RNS
The company news service from the London Stock Exchange
END
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