Holding in Company and Total Voting Rights (0305Z)
January 06 2011 - 6:58AM
UK Regulatory
TIDMLRL
RNS Number : 0305Z
Leyshon Resources Limited
06 January 2011
Leyshon Resources Limited ("Leyshon" or the "Company")
Holding in Company and Total Voting Rights
The Company was informed on 5 January 2011 that, following its
readmission to AIM (the "Readmission") on 31 December 2010,
IDG-Accel China Growth Fund GP II Associates Ltd, in its capacity
as ultimate general partner of IDG Growth, IDG-Accel China Growth
Fund II Associates LP and IDG Investors, is interested in
19,565,217 ordinary shares of no par value ("Ordinary Shares") in
the Company, representing 7.94% of the entire issued share capital
of the Company. For further information on the relevant interests
underlying this shareholding, reference should be made to the
announcement lodged by the Company with ASX on 5 January 2011 at
www.asx.com.au.
Following the Readmission, the Company has 246,525,724 Ordinary
Shares in issue. This is the number which may be used by
shareholders in the Company as the denominator for the calculation
by which they will determine if they are required to notify their
interest, or a change to their interest, in the share capital of
the Company under the FSA's Disclosure and Transparency Rules.
For further information, contact:
Leyshon Resources Limited
Paul Atherley - Managing Director
Tel: +86 137 1800 1914
patherley@leyshonresources.com
Seymour Pierce Limited
Jonathan Wright/John Cowie (Nominated adviser)
Richard Redmayne/Leti McManus (Corporate broking)
Tel: +44 (0)207 107 8000
http://www.leyshonresources.com
Background
Leyshon was on the ground in 2003 when China opened its mining
sector to foreign investment. It has been fully engaged in China
since then and has its main operating office located in
Beijing.
China's latest Five Year Plan emphasizes Inclusive Growth which
entails the planned urbanization of a large number of Western
China's rural population into second and third tier cities. This
will result in significant increases in power consumption and
infrastructure spending.
The Company is planning to invest in high quality coal assets in
Xinjiang and South West Mongolia which will sell into the
escalating demand for thermal and metallurgical coal across China
over the next ten years.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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