Asian Citrus Holdings Ltd Director/PDMR Shareholding (7751Q)

TIDMACHL

RNS Number : 7751Q

Asian Citrus Holdings Ltd

09 November 2012

9 November 2012

ASIAN CITRUS HOLDINGS LIMITED

("Asian Citrus" or "the Company")

Substantial shareholder and director dealings

Asian Citrus was notified on 9 November 2012 that Market Ahead Investments Limited sold 50,000,000 ordinary shares off exchange at average price of HK$4.34 (equivalent to 35.12 pence) on 5 November 2012.

Market Ahead Investments Limited, the issued share capital of which is beneficially owned as to 76% by Mr. Tong Wang Chow ("Mr. Tong"), 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 above transaction, Market Ahead Investments Limited now holds 225,069,919 ordinary shares representing 18.456% of the Company's ordinary issued share capital..

Mr. Tong now holds 320,000 ordinary shares under his personal account and is deemed to be interested in 225,069,919 ordinary shares held by Market Ahead Investments Limited, representing 0.026% and 18.456% of the Company's issued share capital respectively. Mr. Tong's total beneficial holding is therefore now 225,389,919 ordinary shares, representing 18.482% of the Company's issued share capital and he also holds 3,850,000 employee share options

For further enquiries please contact

 
 Asian Citrus 
  Eric Sung, Finance Director                  +852 2559 0323 
 Seymour Pierce Limited (NOMAD and 
  Joint Broker) 
  Jonathan Wright, Tom Sheldon                 +44 (0) 20 7107 8000 
 Richard Redmayne, Jacqui Briscoe 
  (Broking) 
 
   Liberum Capital Limited (Joint Broker) 
   Clayton Bush, Richard Bootle                +44 (0) 20 3100 2222 
 
 Weber Shandwick Financial 
  Nick Oborne, Stephanie Badjonat, 
  John Moriarty                                +44 (0) 20 7067 0700

This information is provided by RNS

The company news service from the London Stock Exchange

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