Holding(s) in Company (7316U)

TIDMETC

RNS Number : 7316U

Et-china.com International Holdings

20 October 2010

ET-CHINA.COM INTERNATIONAL HOLDINGS LIMITED

("Et-china", "the Group" or "the Company")

Holding in Company

Et-china, a leading travel services group in the fast growing region of South China, has been notified by Mintpine Pty Limited ("Mintpine"), a corporate shareholder that holds ordinary shares in the Company on trust for certain individuals including Matthew Ng, Kitty Yang and Chris Rose, that it has transferred the interest in 785,441 Ordinary Shares in the Company from Michael Zhengjun Tang to Hongsheng Yang, Weixin Zhang and a further 31 existing and former employees of GZL, the Company's subsidiary which is one of the largest travel package holiday providers in South China. Following this transfer, Mintpine continues to have an interest in 10,276,752 shares which represents approximately 24.56% in the issued share capital of the Company, which stands at 41,845,033.

Contact details for enquiries:

 
 Et-china.com International Holdings 
  Limited                               [phone] 
 Matthew Ng 
 
 Seymour Pierce, Nomad and Broker       [phone] 
 Mark Percy 
 Catherine Leftley 
 
 

The distribution of this announcement in jurisdictions other than in the United Kingdom or Jersey may be restricted by law and therefore any persons who are subject to the laws of any jurisdiction other than the United Kingdom or Jersey should inform themselves about, and observe, any applicable requirements. This announcement has been prepared for the purposes of complying with Jersey law and the AIM Rules and information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws of any jurisdiction outside the United Kingdom or Jersey.

Copies of this announcement and formal documentation relating to the Proposal will not be and must not be, mailed or otherwise forwarded, distributed or sent in, into or from any jurisdiction where to do so would violate the laws in that jurisdiction.

The Proposal relates to the shares of a Jersey company and is proposed to be effected by means of a scheme of arrangement under Jersey law. The Proposal will not be sent to Et-china Shareholders who are resident in, or citizens of, or are organised or incorporated in, the United States. Accordingly, neither this announcement nor any other document in connection with the Proposal shall be released, published or distributed in whole or in part in, into or from the United States or any other jurisdiction where to do so would constitute a violation of the relevant laws in that jurisdiction. Neither this announcement nor any other document in connection with the Proposal shall be forwarded by any nominee, custodian, broker or other intermediary in, into or from the United States.

Hong Kong

WARNING

The contents of this announcement and the Scheme Circular have not been reviewed by any regulatory authority in Hong Kong. You are advised to exercise caution in relation to the offer. If you are in doubt about any of the contents of this announcement or the Scheme Circular, you should obtain independent professional advice.

This announcement and the Scheme Circular do not constitute an offer or invitation to the public in Hong Kong to subscribe for or dispose of the Scheme Shares. Accordingly, unless permitted by the securities laws of Hong Kong, no person may issue or have in its possession for the purposes of issue, this announcement or any invitation or document relating to the Scheme Shares, whether in Hong Kong or elsewhere, which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong other than in circumstances which do not constitute an offer or an invitation to the public for the purposes of the Hong Kong Securities and Futures Ordinance. However, numbered copies of the Scheme Circular may be issued to a limited number of shareholders in Hong Kong in a manner which does not constitute an issue circulation or distribution of this document, or any offer or invitation in respect of the Scheme Shares, to the public in Hong Kong. Only the person to whom a numbered copy of the Scheme Circular has been issued may take action in response to the Scheme Circular. No person to whom a numbered copy of the Scheme Circular is issued may issue, circulate or distribute this document in Hong Kong or make or give a copy of this document to any other person.

This information is provided by RNS

The company news service from the London Stock Exchange

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