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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Asian Growth Properties | LSE:AGP | London | Ordinary Share | BMG054131021 | COM SHS USD0.05 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.05 | 0.10 | 2.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMAGP
RNS Number : 1511W
Asian Growth Properties Limited
04 November 2014
4 November 2014
ASIAN GROWTH PROPERTIES LIMITED
Disclosure of Director's Deemed Shareholding Interests
The board of directors of Asian Growth Properties Limited (the "Company") (AIM Stock Code: AGP), the Hong Kong based China property development and investment company, announces that the Company has today received notification from the following executive director of the Company reporting his deemed interests in the ordinary shares of US$0.05 each in the Company (the "Shares") is as follows:
(1) S E A Holdings Limited ("SEA") is beneficially entitled to about 97.17% of the existing issued share capital of the Company. SEA has changed its issued share capital as a result of the cancellation of the repurchased SEA Shares in October 2014.
(2) Nan Luen International Limited ("NLI") is interested in 59.75% of the issued share capital of SEA.
(3) JCS Limited ("JCS") is interested in 63.58% of the issued share capital of NLI.
(4) On 31 October 2014, Mr. Lambert Lu, an executive director of the Company, has acquired 1,190,000 SEA Shares (the "Acquisition").
(5) Immediately after the Acquisition, Mr. Lambert Lu is deemed to have an indirect beneficial shareholding interest in 102,454,287 Shares, representing approximately 11.56% of the existing issued share capital of the Company, by virtue of his following interests:
(i) 2% direct shareholding interest in SEA; (ii) 3.21% direct shareholding interest in NLI; and (iii) 21% direct shareholding interest in JCS.
For more information, please contact:
Lu Wing Chi Tel: +852 2828 6363
Executive Director
Asian Growth Properties Limited
Richard Gray Tel: +44 207 886 2500
Andrew Potts
Panmure Gordon (UK) Limited
(Nominated Advisor)
This information is provided by RNS
The company news service from the London Stock Exchange
END
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