16th Sep 2009 09:58
China Shoto plc
("China Shoto" or "the Company")
Directors Dealing
The Company was informed today that Two Stars Invest Limited, a Company controlled by Chief Executive and Chairman Yang Shanji, has acquired the Company's previous Chairman, Cao Guifa, shares which are registered under Wit Invest Limited. The price paid was £1.80 per share. Two Stars Invest Limited now owns 15,384,615 shares representing 65.90 per cent of the issued share capital of the Company. Wit Invest Limited and Cao Guifa no longer hold any shares in the Company.
For further information:
China Shoto plc |
|
Yang Shanji, Executive Chairman |
Tel: +44 (0) 20 7242 2666/ +86 159 6108 0515 |
|
www.chinashoto.com |
Seymour Pierce Limited |
|
John Depasquale/Huaizheng Peng |
Tel: +44 (0) 20 7107 8000 |
www.seymourpierce.com |
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-3x Short China