TIDMACHL

RNS Number : 8799D

Asian Citrus Holdings Ltd

03 February 2015

 
 For immediate release   3 February 2015

Asian Citrus Holdings Limited

("Asian Citrus" or the "Company")

Significant Shareholder Dealings

Asian Citrus was notified on 2 February 2015 that Huge Market Investments Limited ("Huge Market"), a wholly owned subsidiary of Chaoda Modern Agriculture (Holdings) Limited ("Chaoda"), sold 7,300,000ordinary shares of HK$0.01 each in the Company ("Ordinary Shares") on 28 January 2015 at an average price of HK$0.837(equivalent to approximately 7.125 pence) per share; and 10,100,000 Ordinary Shares on 2 February 2015 at an average price of HK$0.754 (equivalent to approximately 6.465 pence) per share.

Following the above transactions, Huge Market now holds 54,426,722 Ordinary Shares representing 4.36% of the Company's issued share capital. Chaoda is deemed to be interested in 54,426,722 Ordinary Shares held by Huge Market by virtue of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

For further enquiries please contact:

 
 Asian Citrus                        +852 2559 0323 
 Mark Ng (Executive Director, 
  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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