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ADSL Asia Distrib.

12.50
0.00 (0.00%)
04 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Asia Distrib. LSE:ADSL London Ordinary Share KYG0538E1035 ORD 1P (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Director/PDMR Shareholding

26/06/2008 8:34am

UK Regulatory


    RNS Number : 5810X
  Asia Distribution Solutions Limited
  26 June 2008
   

    Asia Distribution Solutions Limited ("ADSL" or the "Company")
    Director's Share Dealing
    ADSL (AIM: ADSL) was today notified that Get Ahead Investments Limited ("Get Ahead") acquired a total of 2,330,000 ordinary shares of
£0.01 each in ADSL ("Ordinary Shares"), including 1,300,000 Ordinary Shares held by Greater China 2K4 Limited, for a consideration valued at
20p per Ordinary Share.  The Company has given its consent to this transfer in accordance with the terms of a lock-in and orderly market
agreement entered into on 1 November 2007 and the Ordinary Shares will remain subject to a similar lock-in and orderly market agreement
entered into on 1 November 2007 with Get Ahead.  
    Following the acquisition, Get Ahead is interested in 2,661,497 Ordinary Shares, which represents approximately 8.7 per cent. of the
issued share capital of the Company and Greater China 2K4 Limited no longer has a notifiable interest in the Company. 
    Get Ahead manages a trust on behalf of Michael Kingshott, the chairman of the Company, and his family. Mr Kingshott is therefore
interested in the Ordinary Shares held by Get Ahead as a beneficiary of this trust (together with other members of his family) in addition
to the 1,505,000 Ordinary Shares which Mr Kingshott holds on his own behalf. As a result of the acquisition by Get Ahead, Mr Kingshott's
aggregate interest in Ordinary Shares(1) is now 4,166,497 Ordinary Shares, representing approximately  13.6% of the issued share capital of
the Company.

    Note (1): including 2,661,497 Ordinary Shares held by Get Ahead Investments Limited and  excluding 339,835 Ordinary Shares held on trust
for and on behalf of Andrew Ting Koon Tan.
    -ends-
    For further information please contact: 
 Asia Distribution Solutions Limited         Michael Kingshott   020 7583 8833
                                             Non Executive
                                             Chairman
 Evolution Securities China Limited          Barry Saint         020 7220 4850
 (Financial adviser and broker)              Armen Ho 
                                           
 Evolution Securities Limited (Nominated          Jeremy Ellis   020 7071 4300
 adviser)                                  
                                           
 City Profile                                William Attwell     020 7448 3244


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

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