Zibao Metals Recycling Holdings PLC Application of Issuing New Shares (1868H)

TIDMZBO

RNS Number : 1868H

Zibao Metals Recycling Holdings PLC

11 March 2015

Zibao Metals Recycling Holdings plc

("Zibao" or the "Company")

Application of Issuing New Shares

Further to the announcement of the completion acquisition of Zhengbao, a non-ferrous metal processing and stockholding yard based in Nanhai, in the Foshan Province of the PRC, dated 11 March 2015, application has been made for the 24,760,000 ordinary shares of 1 pence each issued in consideration to be admitted trading on AIM. The expected trading date is 16 March 2015.

For further information please contact:

 
 Zibao Metals Recycling Holdings   Tel: +852 2769 
  PLC                               7662 
  Wenjie "Joe" Zhou, Chairman       www.zibaometals.com 
  Jianfeng "Eddy" Li, Chief 
  Executive Officer 
  Chor Wei "Alan" Ong, Finance 
  Director 
 ZAI Corporate Finance Limited     Tel: +44 (0)20 
  (Nominated Adviser and Broker)    7060 2220 
  Ray Zimmerman / Tim Cofman        www.zaicf.com 
  / Daphne Zhang 
 Newgate (Financial PR)            Tel: +44 (0)20 
  Adam Lloyd / Helena Bogle         7653 9850 
  / Ed Treadwell                    www.newgatethreadneedle.com

About Zibao Metals Recycling Holdings PLC

Established in its current form in 2009, and incorporated as a UK registered company in 2013, Zibao is a trader in non-ferrous metals - principally aluminium and copper. It imports these from a variety of international sources and resells them into the People's Republic of China to operators who process them into a 'clean' form for sale to foundries.

The Company was formed by Wenjie 'Joe' Zhou, whose family has had interests in recyclable metals for nearly twenty years. During this period he has established good relationships with a range of overseas suppliers and developed an in-depth knowledge of the PRC rules and regulations for the metals recycling industry.

Metals recycling is a multi-million pounds global industry and China is the world's leading importer of copper and aluminium and needs recycling to supplement its growing demand.

This information is provided by RNS

The company news service from the London Stock Exchange

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