30th Jul 2014 11:28
30 July 2014
New Trend Lifestyle Group plc
("NTLG" or "The Company")
Director's Share Pledge Security Released
New Trend Lifestyle Group plc (AIM: NTLG) announces that, further to its announcement on 4 July 2014, the loan to Master Phang, a director and controlling shareholder, from Hao Tin Development Group Limited has been fully repaid and the agreement terminated. Security over 54,721,333 shares of NTLG, previously pledged by Master Phang as a condition of the loan agreement, has now been released.
For further information please contact:
New Trend Lifestyle PLC +65 6533 5082
Robert Goddard, Chairman
Ajay Rajpal, Director & Interim CFO
Zeus Capital (NOMAD and broker) +44 161 831 1512
Corporate Finance: Ross Andrews, Andrew Jones
Related Shares:
NTLG.L