Asian Growth Properties Limited Director/PDMR Shareholding (3136F)

TIDMAGP

RNS Number : 3136F

Asian Growth Properties Limited

16 May 2017

16 May 2017

Asian Growth Properties Limited

("AGP" or the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------------------------------------------- 
 a)   Name                Lu Wing Chi 
---  ------------------  ------------------------------------------------------------------------------ 
 2    Reason for the notification 
---  -------------------------------------------------------------------------------------------------- 
 a)   Position/status     Director 
---  ------------------  ------------------------------------------------------------------------------ 
 b)   Initial             Initial notification 
       notification 
       /Amendment 
---  ------------------  ------------------------------------------------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------------------------------------------------- 
 a)   Name                Asian Growth Properties Limited 
---  ------------------  ------------------------------------------------------------------------------ 
 b)   LEI                 N/A 
---  ------------------  ------------------------------------------------------------------------------ 
 4    Details of the transaction(s): section 
       to be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  -------------------------------------------------------------------------------------------------- 
 a)   Description         Common shares of US$0.05 each 
       of the financial    London Stock Exchange, AIM, AGP.L 
       instrument, 
       type of             ISIN Code: BMG054131021 
       instrument 
 
       Identification 
       code 
---  ------------------  ------------------------------------------------------------------------------ 
 b)   Nature of           Shares received from a dividend 
       the transaction     in specie by S E A Holdings Limited 
---  ------------------  ------------------------------------------------------------------------------ 
 c)   Price(s)             Direct Price(s)    Volume(s) 
       and volume(s)        ----------  ----------- 
                                NA       13,792,397 
                            ----------  ----------- 
 
 
                            Closely Associated Persons      Entity and         Price(s)       Volume(s) 
                                   ownership 
                            ----------------------  ---------  ------------------- 
                            Nan Luen International      NA         168,702,183 
                                Limited ("NLI")                       (notes) 
                                    (30.0%) 
                            ----------------------  ---------  ------------------- 
                                 JCS Limited            NA      175,192,718(notes) 
                                ("JCS") (49.0%) 
                            ----------------------  ---------  ------------------- 
                                 NYH Limited            NA          5,237,854 
                                    (100%)                            (notes) 
                            ----------------------  ---------  ------------------- 
 
 
                            Notes: 
                            1. NLI has direct interest in 
                            562,340,612 common shares in the 
                            Company. 
                            2. JCS has an indirect interest 
                            in 562,340,612 common shares in 
                            the Company by virtue of its 63.58% 
                            shareholding interest in NLI. 
                            3. Lu Wing Chi has direct shareholdings 
                            of 30% and 49% in NLI and JCS 
                            respectively. 
                            4. NYH Limited is wholly owned 
                            by Lu Wing Chi 
---  ------------------  ------------------------------------------------------------------------------ 
 d)   Aggregated 
       information 
 
 
       - Aggregated         362,925,152 Common Shares 
       volume 
 
                            NA 
       - Price 
---  ------------------  ------------------------------------------------------------------------------ 
 e)   Date of             15 May 2017 
       the transaction 
---  ------------------  ------------------------------------------------------------------------------ 
 f)   Place of            XLON 
       the transaction 
---  ------------------  ------------------------------------------------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 16, 2017 08:30 ET (12:30 GMT)