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Stmnt re Share Price Movement

14th Oct 2008 13:47

RNS Number : 8111F
Green Dragon Gas Ltd
14 October 2008
 

14 October 2008

GREEN DRAGON GAS LTD.

("Green Dragon" or the "Company")

Movement in Share Price

Green Dragon Gas Ltd. (AIM: GDG), the Chinese coal bed methane business, has noted the recent substantial decrease in the Company's share price with only a small volume of under 5,000 shares being traded. The Company is not aware of any company-specific reason for this movement in the share price.

For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:

Randeep S. Grewal / Betty Cheung 

Green Dragon Gas +852 3710 0168

Dr Azhic Basirov / David Jones

Nomad & Broker, Smith &Williamson +44 20 7131 4000

Tim Redfern

Broker, Evolution Securities +44 20 7071 4300

Tim Thompson / Susanna Gale / Christian Goodbody

 Buchanan Communications +44 20 7466 5000

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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