TIDMAGP
RNS Number : 7456W
Asian Growth Properties Limited
16 November 2017
16 November 2017
Asian Growth Properties Limited
("AGP" or the "Company")
Director dealing
The board of directors of Asian Growth Properties Limited (the
"Company") (AIM Stock Code: AGP), the Hong Kong based China
property development and investment company, announces that the
Company has today received notifications from the following
directors of the Company reporting their respective deemed
interests in the common shares of US$0.05 each in the Company as
follows:
I. As of 13 November 2017, Nan Luen International Limited
("NLI") holds 866,605,133 common shares in the Company, equating to
approximately 97.77% of the common shares of the Company.
II. On 13 November 2017, Lu Wing Chi transferred his entire
shareholdings of 46,938 shares in NLI to JCS Limited ("JCS").
III. On 13 November 2017, Lincoln Lu transferred his entire
shareholdings of 5,021 shares in NLI to JCS.
IV. On 13 November 2017, Lambert Lu transferred his entire
shareholdings of 5,021 shares in NLI to JCS (together with items II
and III, the "Transfers").
V. As a result of the Transfers, JCS's interest in NLI increased
from 63.58% to 100%. Therefore, JCS now has an indirect interest in
all 866,605,133 common shares in the Company held by NLI by virtue
of its 100% shareholding interest in NLI.
VI. Messrs. Lu Wing Chi, Lincoln Lu and Lambert Lu continue to
have indirect interests in NLI and, immediately after the
Transfers, their respective deemed interests in the shares in the
Company as at 13 November 2017 became as follows:
(a) Lu Wing Chi had an indirect interest in 424,636,515 common
shares in AGP by virtue of his direct shareholding of 49% in
JCS.
(b) Lincoln Lu had an indirect interest in 220,984,309 common
shares in AGP by virtue of his direct shareholding of 25.5% in
JCS.
(c) Lambert Lu had an indirect interest in 220,984,309 common
shares in AGP by virtue of his direct shareholding of 25.5% in
JCS.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities ("PDMRs") and persons
closely associated ("PCA") with them.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------------------------------------------
a) Name Lu Wing Chi
--- ------------------ --------------------------------------------------------------------------
2 Reason for the notification
--- ----------------------------------------------------------------------------------------------
a) Position/status Director
--- ------------------ --------------------------------------------------------------------------
b) Initial Initial notification
notification
/Amendment
--- ------------------ --------------------------------------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------------------------------------------
a) Name Asian Growth Properties Limited
--- ------------------ --------------------------------------------------------------------------
b) LEI 213800I2RAQ7KMFS9N62
--- ------------------ --------------------------------------------------------------------------
4 Details of the transaction(s): section
to be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- ----------------------------------------------------------------------------------------------
a) Description Common shares of US$0.05 each
of the financial London Stock Exchange, AIM, AGP.L
instrument,
type of ISIN Code: BMG054131021
instrument
Identification
code
--- ------------------ --------------------------------------------------------------------------
b) Nature of Interest in Nan Luen International
the transaction Limited following the transfer
of his entire shareholding of
46,938 shares in NLI to JCS Limited
("JCS") on 13 November 2017.
--- ------------------ --------------------------------------------------------------------------
c) Price(s) Direct Price(s) Volume(s)
and volume(s) ---------- ----------
NA 0
---------- ----------
Closely Associated Persons Entity and Price(s) Volume(s)
ownership
---------------------- --------- ----------
Nan Luen International N/A N/A
Limited ("NLI")
---------------------- --------- ----------
Notes:
1. NLI has a direct interest in
866,605,133 common shares in the
Company as at 13 November 2017.
2. JCS has an indirect interest
in 866,605,133 common shares in
the Company by virtue of its 100%
shareholding interest in NLI as
at 13 November 2017.
3. Lu Wing Chi has direct shareholdings
of 49% in JCS.
--- ------------------ --------------------------------------------------------------------------
d) Aggregated
information
- Aggregated N/A
volume
N/A
- Price
--- ------------------ --------------------------------------------------------------------------
e) Date of 13 November 2017
the transaction
--- ------------------ --------------------------------------------------------------------------
f) Place of Hong Kong
the transaction
--- ------------------ --------------------------------------------------------------------------
Notification and public disclosure of transactions by persons
discharging managerial responsibilities ("PDMRs") and persons
closely associated ("PCA") with them.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------------------------------------------
a) Name Lambert Lu
--- ------------------ --------------------------------------------------------------------------
2 Reason for the notification
--- ----------------------------------------------------------------------------------------------
a) Position/status Director
--- ------------------ --------------------------------------------------------------------------
b) Initial Initial notification
notification
/Amendment
--- ------------------ --------------------------------------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------------------------------------------
a) Name Asian Growth Properties Limited
--- ------------------ --------------------------------------------------------------------------
b) LEI 213800I2RAQ7KMFS9N62
--- ------------------ --------------------------------------------------------------------------
4 Details of the transaction(s): section
to be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- ----------------------------------------------------------------------------------------------
a) Description Common shares of US$0.05 each
of the financial London Stock Exchange, AIM, AGP.L
instrument,
type of ISIN Code: BMG054131021
instrument
Identification
code
--- ------------------ --------------------------------------------------------------------------
b) Nature of Interest in Nan Luen International
the transaction Limited following the transfer
of his entire shareholding of
5,021 shares in NLI to JCS Limited
("JCS") on 13 November 2017.
--- ------------------ --------------------------------------------------------------------------
c) Price(s) Direct Price(s) Volume(s)
and volume(s) ---------- ----------
NA 0
---------- ----------
Closely Associated Persons Entity and Price(s) Volume(s)
ownership
---------------------- --------- ----------
Nan Luen International N/A N/A
Limited ("NLI")
---------------------- --------- ----------
Notes:
1. NLI has a direct interest in
866,605,133 common shares in the
Company as at 13 November 2017.
2. JCS has an indirect interest
in 866,605,133 common shares in
the Company by virtue of its 100%
shareholding interest in NLI as
at 13 November 2017.
3. Lambert Lu has direct shareholdings
of 25.5% in JCS.
--- ------------------ --------------------------------------------------------------------------
d) Aggregated
information
- Aggregated N/A
volume
N/A
- Price
--- ------------------ --------------------------------------------------------------------------
e) Date of 13 November 2017
the transaction
--- ------------------ --------------------------------------------------------------------------
f) Place of Hong Kong
the transaction
--- ------------------ --------------------------------------------------------------------------
Notification and public disclosure of transactions by persons
discharging managerial responsibilities ("PDMRs") and persons
closely associated ("PCA") with them.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------------------------------------------
a) Name Lincoln Lu
--- ------------------ --------------------------------------------------------------------------
2 Reason for the notification
--- ----------------------------------------------------------------------------------------------
a) Position/status Director
--- ------------------ --------------------------------------------------------------------------
b) Initial Initial notification
notification
/Amendment
--- ------------------ --------------------------------------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------------------------------------------
a) Name Asian Growth Properties Limited
--- ------------------ --------------------------------------------------------------------------
b) LEI 213800I2RAQ7KMFS9N62
--- ------------------ --------------------------------------------------------------------------
4 Details of the transaction(s): section
to be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- ----------------------------------------------------------------------------------------------
a) Description Common shares of US$0.05 each
of the financial London Stock Exchange, AIM, AGP.L
instrument,
type of ISIN Code: BMG054131021
instrument
Identification
code
--- ------------------ --------------------------------------------------------------------------
b) Nature of Interest in Nan Luen International
the transaction Limited following the transfer
of his entire shareholding of
5,021 shares in NLI to JCS Limited
("JCS") on 13 November 2017.
--- ------------------ --------------------------------------------------------------------------
c) Price(s) Direct Price(s) Volume(s)
and volume(s) ---------- ----------
NA 0
---------- ----------
Closely Associated Persons Entity and Price(s) Volume(s)
ownership
---------------------- --------- ----------
Nan Luen International N/A N/A
Limited ("NLI")
---------------------- --------- ----------
Notes:
1. NLI has a direct interest in
866,605,133 common shares in the
Company as at 13 November 2017.
2. JCS has an indirect interest
in 866,605,133 common shares in
the Company by virtue of its 100%
shareholding interest in NLI as
at 13 November 2017.
3. Lincoln Lu has direct shareholdings
of 25.5% in JCS.
--- ------------------ --------------------------------------------------------------------------
d) Aggregated
information
- Aggregated N/A
volume
N/A
- Price
--- ------------------ --------------------------------------------------------------------------
e) Date of 13 November 2017
the transaction
--- ------------------ --------------------------------------------------------------------------
f) Place of Hong Kong
the transaction
--- ------------------ --------------------------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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