9th Oct 2014 09:00
For immediate release | 9 October 2014 |
Asian Citrus Holdings Limited
("Asian Citrus" or the "Company")
Significant Shareholder Dealings
Asian Citrus was notified on 9 October 2014 that Genuine Enterprises Limited ("Genuine Enterprises") sold 39,917,000 ordinary shares of HK$0.01 each in the Company ("Ordinary Shares") on 6 October 2014 at an average price of HK$1.68 (equivalent to approximately 13.59 pence) per share. Genuine Enterprises is a company wholly owned by Mr. Huang Xin, a director of BPG Food and Beverage Holdings Limited, Top Honest Holdings Limited, Chance Lead Holdings Limited, Beihai Perfuming Garden Juice Co., Ltd., Hepu Perfuming Garden Food Co., Ltd., and Tianyang Perfuming Garden Food Industrial Co., Ltd., all being subsidiaries of the Company.
After completion of the above transactions, Genuine Enterprises now holds 74,128,948 Ordinary Shares representing 5.93% of the Company's issued share capital.
By virtue of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong), Mr. Huang Xin is deemed to be interested in 74,129,948 Ordinary Shares (comprising 74,128,948 Ordinary Shares held by Genuine Enterprises and 1,000 Ordinary Shares held by Sunshine Hero Limited).
For further enquiries please contact:
Asian Citrus | +852 2559 0323 |
Mark Ng, Chief Financial Officer and Company Secretary | |
Cantor Fitzgerald Europe (NOMAD and Broker) | +44 (0) 20 7894 7000 |
Rick Thompson / David Foreman (Corporate Finance) | |
Richard Redmayne (Corporate Broking)
| |
Weber Shandwick Financial | +44 (0) 20 7067 0700 |
Nick Oborne, Stephanie Badjonat, Tom Jenkins |
Related Shares:
ACHL.L