Asian Citrus Holdings Ltd Issue of Ordinary Shares (9478V)

TIDMACHL

RNS Number : 9478V

Asian Citrus Holdings Ltd

19 December 2013

19 December 2013

Asian Citrus Holdings Limited

("Asian Citrus" or "the Company")

Issue of Ordinary Shares pursuant to Scrip Dividend

Asian Citrus announces the issue of 10,562,329 new ordinary shares of HK$0.01 each in the Company pursuant to shareholder participation in the Scrip Dividend announced on 22 November 2013.

The offer price for Ordinary Shares is HK$2.7400 (equivalent to approximately GBP0.2198, based on the exchange rates sourced from the Hong Kong Association of Banks on 19 November 2013). The offer price is the average closing price of the shares of the Company for the five trading days starting from, and including, 13 November 2013 on the Hong Kong Stock Exchange Limited ("HKEx").

Application will be made today to the London Stock Exchange and HKEx for the new ordinary shares, which will rank pari passu with the existing ordinary shares in issue, to be admitted to trading on AIM and the Main Board of HKEx. Admission of the new ordinary shares is expected to become effective on 31 December 2013.

For further enquires:

For further enquiries please contact

 
 Asian Citrus 
  Tony Tong / Tommy Tong, Executive 
  Director                                     [phone] 
 Cantor Fitzgerald Europe 
  (NOMAD and Joint Broker) 
  Rick Thompson / David Foreman(Corporate    [phone] 
  Finance)                                    7000 
 Richard Redmayne (Corporate 
  Broking) 
 Liberum Capital Limited (Joint 
  Broker)                                      [phone] 
  Clayton Bush / Richard Bootle                2222 
 
 Weber Shandwick Financial 
  Nick Oborne, Stephanie Badjonat,             [phone] 
  John Moriarty                                0700 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOENKCDBOBDKNBD