TIDMACHL

RNS Number : 8674T

Asian Citrus Holdings Ltd

09 October 2014

 
 For immediate release   9 October 2014

Asian Citrus Holdings Limited

("Asian Citrus" or the "Company")

Significant Shareholder Dealings

Asian Citrus was notified on 9 October 2014 that Genuine Enterprises Limited ("Genuine Enterprises") sold 39,917,000 ordinary shares of HK$0.01 each in the Company ("Ordinary Shares") on 6 October 2014 at an average price of HK$1.68 (equivalent to approximately 13.59 pence) per share. Genuine Enterprises is a company wholly owned by Mr. Huang Xin, a director of BPG Food and Beverage Holdings Limited, Top Honest Holdings Limited, Chance Lead Holdings Limited, Beihai Perfuming Garden Juice Co., Ltd., Hepu Perfuming Garden Food Co., Ltd., and Tianyang Perfuming Garden Food Industrial Co., Ltd., all being subsidiaries of the Company.

After completion of the above transactions, Genuine Enterprises now holds 74,128,948 Ordinary Shares representing 5.93% of the Company's issued share capital.

By virtue of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong), Mr. Huang Xin is deemed to be interested in 74,129,948 Ordinary Shares (comprising 74,128,948 Ordinary Shares held by Genuine Enterprises and 1,000 Ordinary Shares held by Sunshine Hero Limited).

For further enquiries please contact:

 
 Asian Citrus                        +852 2559 0323 
 Mark Ng, Chief Financial Officer 
  and Company Secretary 
 
 Cantor Fitzgerald Europe (NOMAD     +44 (0) 20 7894 
  and Broker)                         7000 
 Rick Thompson / David Foreman 
  (Corporate Finance) 
 Richard Redmayne (Corporate 
  Broking) 
                                     +44 (0) 20 7067 
 Weber Shandwick Financial            0700 
 Nick Oborne, Stephanie Badjonat, 
  Tom Jenkins

This information is provided by RNS

The company news service from the London Stock Exchange

END

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