Asian Citrus Holdings Ltd Issue of Ordinary Shares pursuant to ScripDividend (7756T)
December 18 2012 - 4:04AM
UK Regulatory
TIDMACHL
RNS Number : 7756T
Asian Citrus Holdings Ltd
18 December 2012
18 December 2012
Asian Citrus Holdings Limited
("Asian Citrus" or "the Company")
Issue of Ordinary Shares pursuant to Scrip Dividend
Asian Citrus announces the issue of 17,768,373 New Ordinary
Shares of HK$0.01 each in the Company ("Ordinary Shares") pursuant
to shareholder participation in the Scrip Dividend announced on 19
November 2012.
The offer price for Ordinary Shares is HK$3.774 (equivalent to
approximately GBP0.3074, based on the exchange rates sourced from
the Hong Kong Association of Banks on 13 November 2012). The offer
price is the average closing price of the shares of the Company for
the five trading days starting from, and including, 7 November
2012, being the last day the shares are traded cum-dividend on the
Hong Kong Stock Exchange Limited.
Application will be made today to the London Stock Exchange and
Stock Exchange of Hong Kong Limited ("SEHK") 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 Main Board of
SEHK. Admission of the New Ordinary Shares is expected to become
effective on 31 December 2012.
For further information contact:
Asian Citrus
Eric Sung, Finance Director +852 2559 0323
Seymour Pierce Limited
Jonathan Wright, Tom Sheldon (NOMAD) +44 020 7107 8000
Richard Redmayne, Jacqui Briscoe
(Broking)
Liberum Capital Limited
Clayton Bush, Richard Bootle (Joint
Broker) +44 020 3100 2222
Weber Shandwick Financial
Nick Oborne, Stephanie Badjonat,
John Moriarty +44 020 7067 0700
This information is provided by RNS
The company news service from the London Stock Exchange
END
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