Exercise of Employee Share Options (7200I)
June 20 2011 - 5:30AM
UK Regulatory
TIDMACHL
RNS Number : 7200I
Asian Citrus Holdings Ltd
20 June 2011
For immediate release 20 June 2011
Asian Citrus Holdings Limited
("Asian Citrus" or "the Company")
Exercise of Employee Share Options
Asian Citrus announces that following the exercise of Employee
Share Options, 866,000 new ordinary shares of HK$0.01 have been
issued.
Out of the 866,000 ordinary shares issued, 120,000 shares were
issued to Mr. CHEUNG Wai Sun, an executive director of the Company,
who exercised 120,000 options at 13.9 pence per share on 20 June
2011. Following this conversion, Mr. CHEUNG now holds 120,000
ordinary shares and 1,200,000 employee options.
Following the issue of the 866,000 new shares, the Company's
total issued share capital is 1,215,156,963 ordinary shares of
HK$0.01 each.
Application will be made today to the London Stock Exchange for
the new 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 27 June
2011.
For further information contact:
Asian Citrus
Eric Sung, Finance Director +852 2559 0323
Weber Shandwick Financial 020 7067 0700
Nick Oborne, John Moriarty, Stephanie
Badjonat
Seymour Pierce Limited
Nandita Sahgal, Jonathan Wright (NOMAD) 020 7107 8000
Leti McManus, Richard Redmayne (Broking)
This information is provided by RNS
The company news service from the London Stock Exchange
END
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