18th Jun 2008 09:18
RNS Number : 9655W
Asian Citrus Holdings Ltd
18 June 2008
18 June 2008
Asian Citrus Holdings Limited
("Asian Citrus" or "the Company")
Conversion of Options into Ordinary Shares
Asian Citrus, announces the issue of 150,000 ordinary shares of HK$0.10 each in the Company (“Ordinary Shares”) to Evolution Securities China Limited (“ESCL”), following receipt of a conversion notice for options granted to ESCL pursuant an Option Agreement dated 29 July 2005, entered between the Company and ESCL. After this conversion, there are no remaining options held by ESCL.
Application will be made today to the London Stock Exchange for the Ordinary Shares, which will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on AIM, and admission is expected to become effective on 25 June 2008.
For Further Information Contact:
Terry Garrett/ John Moriarty/Stephanie Badjonat
Weber Shandwick Financial 0207 067 0700
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
ACHL.L