Asian Citrus Holdings Ltd Holding(s) in Company (3603Q)

TIDMACHL

RNS Number : 3603Q

Asian Citrus Holdings Ltd

29 August 2014

Asian Citrus Holdings Limited

("Asian Citrus" or the "Company")

Significant Shareholder Dealings

Asian Citrus was notified on 29 August 2014 that Ms. Xu Xuefeng sold 114,046,948 ordinary shares in the Company ("Ordinary Shares") as a result of the transfer of the entire issued share capital of Sunshine Hero Limited ("Sunshine Hero") to Mr. Huang Xin on 21 August 2014. Mr. Huang Xin is a director of BPG Food and Beverage Holdings Limited, Top Honest Holdings Limited, Chance Lead Holdings Limited, Behai Perfuming Garden Juice Co., Ltd., Hepu Perfuming Garden Food Co., Ltd., and Tianyang Perfuming Garden Food Industrial Co., Ltd., all being subsidiaries of the Company.

On 25 August 2014, Sunshine Hero sold 114,045,948 Ordinary Shares at HK$1.63 each to Genuine Enterprises Limited ("Genuine Enterprises"). Genuine Enterprises is a company wholly owned by Mr. Huang Xin.

After completion of the above transactions, Genuine Enterprises now holds 114,045,948 Ordinary Shares representing 9.13% of the Company's issued share capital.

By virtue of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong), Mr. Huang Xin is deemed to be interested in 114,046,948 Ordinary Shares (being 114,045,948 Ordinary Shares by Genuine Enterprises and 1,000 Ordinary Shares by Sunshine Hero).

ends

For further enquiries please contact:

 
 Asian Citrus 
 Mark Ng, Chief Financial Officer            +852 2559 0323 
 
 Cantor Fitzgerald Europe (NOMAD and 
  Broker)                                    020 7894 7000 
 Rick Thompson / David Foreman (Corporate 
  Finance) 
 Richard Redmayne (Corporate Broking) 
 Weber Shandwick Financial                   020 7067 0700 
 Nick Oborne, Stephanie Badjonat, 
  Tom Jenkins

This information is provided by RNS

The company news service from the London Stock Exchange

END

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