23rd Oct 2008 09:00
23 October 2008
Asian Citrus Holdings Limited
("Asian Citrus" or the "Company")
Director's Share Purchase
Asian Citrus was notified on 22 October 2008 that HSBC Securities Services (Isle of Man) as Trustee of InterRetire - Smith Executive Retirement Plan (the "Plan") acquired 10,000 ordinary shares in the Company on 20 October 2008 at a price of 150 pence per share (the "Shares"). The Plan's holding is now 30,000 ordinary shares representing 0.04% of the Company's issued share capital.
Nicholas Smith, a non-executive director of the Company, is a direct beneficiary of the Plan and is consequently taken as having an interest in all shares in the Plan. As a consequence of the acquisition of the above Shares by the Plan, Nicholas Smith is deemed to have acquired an interest in these Shares.
In addition to the shares held by the Plan, Nicholas Smith beneficially holds 40,000 ordinary shares in the Company (representing 0.05% of the Company's issued share capital) in his own name. Nicholas Smith's total beneficial holding is therefore now 70,000 ordinary shares representing 0.09% of the Company's issued share capital.
For further information please contact:
Asian Citrus Holdings Limited Tel: 852 2559 0323
Tony Tong, Chairman and Chief Executive Officer
Eric Sung, Finance Director
Weber Shandwick Financial Tel: 020 7067 0700
Terry Garrett, Stephanie Badjonat, John Moriarty
Related Shares:
ACHL.L