WCC West China

 

TIDMWCC 
 
RNS Number : 5092J 
West China Cement Limited 
31 March 2010 
 

                               West China Cement 
 
              Result of AGM and Hong Kong Share Registration Guide 
 
                                  31 March 2010 
 
 
The Company is pleased to announce that all resolutions proposed at its Annual 
General Meeting, held earlier today, were duly passed by shareholders. As a 
result, the Hong Kong Stock Exchange ("HKEx") listing process remains on 
schedule. 
 
Certain of the approved resolutions relate to the proposed listing of the 
Company on the HKEx (the "HKEx Listing"), including a de-listing of the Company 
from AIM (the "De-Listing") to take place at the same time as the HKEx Listing. 
These resolutions are conditional on the HKEx Listing taking place, and the 
Directors expect that the HKEx Listing and the De-Listing will take place on or 
around 24 May 2010. 
 
The expected date of the De-Listing and the HKEx Listing set out above is the 
earliest expected date and is subject to change. The timing of the De-Listing is 
contingent on the HKEx Listing. In the event that these dates are revised, the 
Company will make an appropriate announcement and the final dates will be 
confirmed not less than ten clear business days in advance of the relevant date. 
 
 
Assuming that the application for the HKEx Listing is successful, the Company 
will set a Record Date that will be approximately ten days before trading 
commences on the HKEx.  Shareholders will be advised of the Record Date as soon 
as is practicable.  HKEx registered shares will be sent out to shareholders to 
their address as set out on the shareholder register on the Record Date. 
 
 
A letter shall be sent to shareholders later today setting out some procedures 
to guide investors in their registration of West China Cement shares as Hong 
Kong shares (the "Shareholder Letter"). 
 
If shareholders would like for their shares to be available for trading on the 
first day of trading on the HKEx, these shares need to be registered with a 
broker who is able to trade in the Hong Kong market via their Nominees and/or 
Global Custody Agent. 
 
Alternatively, shareholders could opt to receive the shares in certificate form, 
although to be able to trade the shares on the HKEx shareholders would need to 
lodge their shares with a broker able to trade on the HKEx. This process could 
take a period of time and could delay shareholders' ability to trade their 
shares on the HKEx. 
 
The Shareholder Letter includes a form for shareholders to notify Computershare 
Jersey of any address changes and Computershare will need to receive the 
Shareholder Letter signed by the registered holder before the Record Date. 
 
The Board recommends that, prior to the record date, shareholders either: 
 
1.   instruct their broker to register their shares in the name and address of 
their Hong Kong recognised nominee or global custody agent (if they have one); 
or 
 
2.   transfer their shares to a broker who is able to transact on the HKEx and 
ask them to register the name and address of their Hong Kong recognised nominee 
or global custody agent with Computershare.  The Shareholder Letter includes a 
list of brokers who are able to hold and transact shares on the HKEx, although 
it is recognised that many UK brokers are also able to do this; or 
 
3.   opt to receive their shares in certificate form and change their registered 
details to their own name and address. Once shareholders have received the share 
certificate, they will need to lodge the certificate with a broker for trading 
on the HKEx. It is noted that this method may result in delays in receiving the 
share certificates from Hong Kong and subsequent delays in lodging the shares 
with a broker. 
 
Further information and a copy of the Shareholder Letter may be found at 
www.westchinacement.com. 
 
 
 
For further information, please contact: 
 
West China Cement Limited 
Po Ling Low, Tel: +86 139 1088 6649 
Anthony Schindler, Tel: +44 7710 1789 28 
 
NCB Stockbrokers Limited 
Christopher Caldwell, Tel: +44 20 7071 5200 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 STRBFLFXBXFLBBZ 
 

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