Naibu Global International Co PLC Issue of Equity (0129P)

TIDMNBU

RNS Number : 0129P

Naibu Global International Co PLC

26 September 2013

 
 Press Release   26 September 2013 
 

Naibu Global International Company Plc

("Naibu" or the "Company")

Issue of Equity

Naibu Global International Company Plc(AIM:NBU), a leading Chinese manufacturer and supplier of branded sportswear, announces that further to its previous announcements, the Company's maiden final dividend to shareholders will be paid on 30 September 2013. To those shareholders who elected to receive their dividend as a cash payment, the Company will be paying a total of GBP441,139.83. To those shareholders who elected for a scrip dividend, the Company will be issuing a total of 2,854,086 new ordinary shares of no par value ("New Ordinary Shares").

The calculation for the scrip dividend of the Company's share price, as originally disclosed in the scrip dividend circular, was the average of the closing middle market quotations for the Company's ordinary shares for the day on which they were quoted ex-dividend and the four subsequent dealing days, being 61.4 pence.

Pursuant to this announcement, application has been made for a total of 2,854,086 New Ordinary Shares of the Company to be admitted to trading on AIM. This is expected to occur on 30 September 2013. Following admission, Naibu's issued ordinary share capital will consist of 57,692,802 ordinary shares. The New Ordinary Shares will rank pari passu in all respects with the ordinary shares of the Company currently traded on AIM.

The total of 57,692,802 ordinary shares may therefore be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

- Ends -

For further information:

 
 Naibu Global International Company 
  Plc 
 Huoyan Lin, Executive Chairman       Tel: [phone] 
                                                      7702 
 Li Zhen, Chief Financial Officer            www.naibu.com 
 
 
 Daniel Stewart & Company Plc            Tel: [phone] 
                                                         6550 
 Paul Shackleton / Martin Lampshire   www.danielstewart.co.uk 
 

Media enquiries:

 
 Abchurch 
 Henry Harrison-Topham / Joanne Shears     Tel: [phone] 
                                                           7702 
 [e-mail]             www.abchurch-group.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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