16th Mar 2006 08:00
Asian Citrus Holdings Ltd16 March 2006 16 March 2006 Asian Citrus Holdings Limited ("Asian Citrus" or "the Company") Conversion of Options into Ordinary Shares Asian Citrus, announces the issue of 200,000 ordinary shares of HK$0.10 each inthe Company ("Ordinary Shares"), representing approximately 0.32% of theenlarged issued share capital of the Company, to Evolution Securities ChinaLimited ("ESCL"), the Company's financial adviser and broker, following receiptof a conversion notice for certain options granted to ESCL pursuant to theOption Agreement entered between the Company and ESCL dated 29 July 2005. Afterthis conversion, the remaining number of options held by ESCL is 150,000. Application will be made today to the London Stock Exchange for the OrdinaryShares, 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 effectiveon 22 March 2006. For Further Information Contact: Terry Garrett/ John Moriarty/Helen ThomasWeber Shandwick Square Mile 0207 067 0700 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ACHL.L