Auhua Clean Energy Plc Proposed Maiden Dividend Update (7663K)
June 27 2014 - 7:21AM
UK Regulatory
TIDMACE
RNS Number : 7663K
Auhua Clean Energy Plc
27 June 2014
AUHUA CLEAN ENERGY PLC
("Auhua" or the "Company")
Proposed Maiden Dividend Update
27 June 2014: The Company previously announced on 2 May 2014
that the expected payment date in relation to the proposed maiden
dividend was 16 June 2014. As this is the Company's maiden
dividend, the dividend administration has taken longer than
expected taking into consideration that a majority of the
shareholders are based overseas. The Company is finalising the
remaining details and expects to issue the payment on or before 4
July 2014.
The Company is also pleased to advise that the directors of the
Company who are shareholders, representing 65.3% of the total
outstanding shares, will waive their rights to the maiden dividend
as a sign of continued commitment to the growth of the Company.
--ends--
Media Enquiries
Brunswick Harriet Lebus auhua@brunswickgroup.com
Further information
Auhua Clean Energy David Sumner, non-executive +971 555 923198
plc Chairman davidjsumner@auhuacleanenergy.com
Grant Thornton Philip Secrett / Maureen +44 (0)20 7383 5100
UK LLP (nominated Tai / jamie.r.barklem@uk.gt.com
adviser) Jamie Barklem
---------------------------- ------------------------------------
Peat & Co Charlie Peat +44 (0)203 540 1721
(co-broker) Charlie.peat@peatandco.com
---------------------------- ------------------------------------
Cornhill Capital Nick Bealer +44 (0)20 7710 9610
Limited (co-broker) nickb@cornhillcapital.com
---------------------------- ------------------------------------
About Auhua:
Auhua Clean Energy (www.auhuacleanenergy.com) is an
environmental technology group based in the Shandong Province of
Eastern China specialising in the development and application of
green energy and energy efficient solar water heating solutions. In
particular, the Group is focused on the manufacture and sale of
split-unit solar water heating systems.
Auhua Clean Energy operates through its wholly owned
subsidiaries Shandong Auhua New Energy Co., Ltd and Weihua Auhua
New Energy Co., Ltd., of which Auhua Holdings Pte Ltd is the
intermediate holding company.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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