Asian Citrus Holdings Ltd Delay in Despatch of Circular (5651M)

TIDMACHL

RNS Number : 5651M

Asian Citrus Holdings Ltd

14 October 2016

 
 For immediate release   14 October 2016 
 

Asian Citrus Holdings Limited

("Asian Citrus" or the "Company")

Delay in Despatch of Circular Regarding the Major Transaction

Reference is made to the announcement of Company dated 25 August 2016 in relation to, among other things, the proposed acquisition of 100% of Eagleton Global Investments Limited and the proposed placing of 610,000,000 shares of the Company under a specific mandate (the "Announcement"). Unless otherwise specified, capitalised terms used herein shall have the same meanings as defined in the Announcement.

As disclosed in the Announcement, a circular regarding, among other things, the Acquisition and the Placing (the "Circular") was expected to be despatched to the Shareholders on or before 14 October 2016. As the Company requires more time to prepare and finalise the required information for inclusion in the circular, and in light of the Company's announcement dated 29 September 2016 regarding an expected delay in publication of the Group's audited consolidated financial statements for the year ended 30 June 2016, the Company will update shareholders as to the despatch date of the Circular in due course.

This announcement contains inside information for the purpose of Article 7 of Regulation (EU) No 596/2014.

For further enquiries please contact:

 
                                      +852 3951 
 Asian Citrus                          0000 
 Emma Ng (Chief Financial Officer and Company 
  Secretary) 
 
 Cantor Fitzgerald Europe (NOMAD      +44 (0) 20 
  and Broker)                          7894 7000 
 Rick Thompson/David Foreman/Michael Reynolds 
  (Corporate Finance) 
 
                                      +44 (0) 20 
 Weber Shandwick Financial             7067 0700 
 Nick Oborne, Stephanie Badjonat, Tom Jenkins 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 14, 2016 04:00 ET (08:00 GMT)