Naibu Global International Co PLC Issue of Equity (3536R)

TIDMNBU

RNS Number : 3536R

Naibu Global International Co PLC

10 September 2014

 
 10 September 2014 
 

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 announcement on 10 July 2014, regarding the Company's final dividend to shareholders for the year ended December 2013, the Company has issued a total of 1,972,759 new ordinary shares of no par value ("Ordinary Shares") to shareholders who elected for a scrip dividend.

The following Ordinary Shares will be issued to Directors of the Company:

 
 Director               Number of   Ordinary shares   Holding in 
                   scrip dividend         following    Company % 
                           shares    scrip dividend 
---------------  ----------------  ----------------  ----------- 
 Huoyan Lin(1)          1,847,068        31,815,750       52.55% 
---------------  ----------------  ----------------  ----------- 
 Mr Giles 
  Elliot                    6,372           109,764        0.18% 
---------------  ----------------  ----------------  ----------- 
 Mr S W P 
  Cheung                    1,351            23,285        0.04% 
---------------  ----------------  ----------------  ----------- 
 

Note 1 - Huoyan Lin holds his interest in the Company through Central Win Global Investments Limited, a company incorporated in the British Virgin Islands, which is wholly owned and controlled by Huoyan Lin

Pursuant to this announcement, application has been made for a total of 1,972,759 new Ordinary Shares in the Company to be admitted to trading on AIM. This is expected to occur on 16 September 2014 ("Admission"). Following Admission, Naibu's issued share capital will consist of 60,549,370 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 60,549,370 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: +44 (0) 
                                     20 7398 7702 
 Li Zhen, Chief Financial Officer   www.naibu.com 
 
 
 Daniel Stewart & Company Plc                 Tel: +44 (0) 
                                              20 7776 6550 
 Paul Shackleton / Mark Treharne   www.danielstewart.co.uk 
 

Media enquiries:

 
 Abchurch 
 Henry Harrison-Topham / Quincy             Tel: +44 (0) 
  Allan                                     20 7398 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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