LED International Holdings Ltd Change in registrar (0721P)
June 03 2015 - 6:00AM
UK Regulatory
TIDMLED
RNS Number : 0721P
LED International Holdings Ltd
03 June 2015
3 June 2015
LED INTERNATIONAL HOLDINGS LIMITED
("LED" or the "Company")
Change in registrar
The board of directors of LED announces that the Company's share
register will be administered by Computershare Investor Services
(BVI) Limited ("Computershare") with effect from 1 June 2015.
From 1 June 2015, correspondence in respect of shareholdings in
LED should be sent to: Computershare Investor Services (BVI)
Limited, c/o Queensway House, Hilgrove Street, St Helier, Jersey
JE1 1ES. General shareholder queries can also be sent to:
info@computershare.co.je
Existing share certificates for shareholdings in LED will remain
valid. Shareholders who currently hold Depositary Interests
representing their shares in electronic form do not need to take
any further action, as their shares will remain registered with the
same CREST details.
Computershare will send a letter to shareholders shortly,
informing shareholders, inter alia, of the change in registrar and
of their unique Shareholder Reference Numbers. A copy of this
letter will shortly be available for download from the Company's
website, www.led-intl.com, in accordance with AIM Rule 20.
**Ends**
For further information:
LED International Holdings Limited
Stephen Chan - Chief Executive Officer +852 2243 3100
Allenby Capital Limited
Nick Naylor / Alex Price +44 (0) 20 3328 5656
Notes to Editors:
LED International Holdings Limited and its subsidiaries
specialize in the provision of EMC contracts under which the Group
installs energy saving products in its customers' premises,
including lighting and reactance filtering equipment supplied by
the Group, and the subsequent savings made by the customers in
their electricity charges are then shared between the Group and the
customers thereby enabling the Group to generate recurring revenue
rather than one-off sales revenue. Historically, the Group's
business has been the development, manufacture and sale of
low-powered light-emitting diode ("LED") display screens and
modules.
Under EMC contracts, the Group provides energy efficiency
solutions, including LED lighting, reactance filtering energy
saving and other energy efficiency solutions.Specifically, the
Group overhauls its customers' existing lighting and power
consumption systems (which are based on traditional lighting
technology and power generation equipment) with proprietary LED
lighting products, reactance filtering equipment and other
solutions provided by the Group. These energy efficiency products
are installed in customers' premises. The Group bears all the
upfront costs associated with the supply and installation of the
energy efficiency solutions and these costs are then recouped by
sharing in the monthly energy savings generated by the customers'
use of the energy efficiency solutions over the period of the
contracts. The Group receives revenue from customers on several
different payment terms including on a pre-payment, monthly or
quarterly basis.
The Company's wholly-owned direct subsidiary, Green Pearl
Leasing (China) Co. Ltd. operates a lease financing business having
been granted a highly sought after leasing finance licence to
enable the Group to provide lease financing to customers.
For more information, please visit: http://www.led-intl.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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