Asian Citrus Holdings Ltd Exercise of Employee Share Options (3734H)
June 19 2013 - 4:00AM
UK Regulatory
TIDMACHL
RNS Number : 3734H
Asian Citrus Holdings Ltd
19 June 2013
19 June 2013
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, 1,837,000 new ordinary shares of HK$0.01 have been
issued.
Out of the 1,837,000 ordinary shares issued, 960,000 shares were
issued to Mr. Sung Chi Keung ("Eric Sung"), an executive director
of the Company, who exercised 240,000 options at 11.2 pence per
share and 720,000 options at 13.9 pence per share on 19 June 2013.
Following this conversion, Mr. Sung now holds 1,101,000 ordinary
shares, representing approximately 0.09% of the Company's issued
capital and 3,600,000 employee options.
Following the issue of the new shares, the Company's total
issued share capital is 1,229,558,555 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 26 June
2013.
For further enquires:
For further enquiries please contact
Asian Citrus
Tony Tong / Tommy Tong, Executive
Director +852 2559 0323
Cantor Fitzgerald Europe (NOMAD and
Joint Broker)
Tom Sheldon / Rick Thompson (Corporate
Finance) +44 (0) 20 7107 8000
Richard Redmayne (Corporate 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
END
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