26th Jan 2018 09:49
26 January 2018
China New Energy Limited
("CNE" or "the Company")
Transaction in Own Shares
The Board of CNE (AIM:CNEL), the AIM quoted engineering and technology solutions provider to the bioenergy sector, announces that it has purchased 46,808,809 ordinary shares in the Company at a purchase price of 1.2 pence per share from Mr. Lv Jingbin for a total cash consideration of £561,705.71 and transferred them into treasury. As at the date of this announcement, Mr. Lv no longer has an interest in the Company.
The issued share capital of the Company comprises 491,256,350 ordinary shares of 0.025 pence. The Company now holds a total of 46,808,809 ordinary shares in treasury and, accordingly, the total number of voting rights in the Company is 444,447,541.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 and the person who arranged for release of this announcement on behalf of the Company was Richard Bennett, Non-executive Director of the Company.
For further information, please visit www.chinanewenergy.co.uk or contact:
China New Energy Limited | |
Nick Brooks Richard Bennett | [email protected] Tel: +44 7920 060218 [email protected] Tel: +44 7966 388 374 |
Ivy Xu | [email protected] Tel: +86 20 8705 9371
|
Cairn Financial Advisers LLP (Nomad) | |
Jo Turner / Sandy Jamieson | Tel: +44 20 7213 0880
|
Daniel Stewart and Company (Broker) | |
David Lawman | Tel: +44 20 7776 6550 |
Related Shares:
CNEL.L