Unusual Price and Volume Movements (6765F)
June 19 2012 - 7:00AM
UK Regulatory
TIDMRCG
RNS Number : 6765F
RCG Holdings Limited
19 June 2012
19 June 2012
RCG Holdings Limited
("RCG" or the "Company" and together with its subsidiaries, the
"Group")
Unusual Price and Volume Movements
The Company's share price on the Stock Exchange of Hong Kong
increased by 19.2% on 19 June 2012, with the accompanying volume
being higher than average. Consequently, the Company has made the
following announcement in Hong Kong:
"This announcement is made at the request of The Stock Exchange
of Hong Kong Limited (the "Stock Exchange").
The board of directors (the "Board") of RCG Holdings Limited
(the "Company") has noted the recent unusual increase in the price
and volume of the shares of the Company traded on the Stock
Exchange and wishes to state that the Board is not aware of any
reason for such movements.
The Board confirms that there are no negotiations or agreements
relating to intended acquisitions or realisations which are
discloseable under rule 13.23 of the Rules Governing the Listing of
Securities on the Stock Exchange ("Listing Rules"), neither is the
Board aware of any matter discloseable under general obligation
imposed by rule 13.09 of the Listing Rules, which is or may be of a
price-sensitive nature.
Made by the order of the Board, the directors of which
individually and jointly accept responsibility for the accuracy of
this announcement."
- Ends -
Enquiries:
RCG Holdings Limited Tel: +852 3669 6999
Danny Chew, Acting Chief Executive
Officer
ir@rcg.tv
Smith & Williamson Corporate Finance
Limited
(Nominated adviser and broker)
Dr. Azhic Basirov / David Jones Tel: +44 (0) 20 7131 4000
About RCG
RCG, a leading global provider of integrated biometrics and RFID
security solutions, is publicly quoted and its shares are listed on
the Main Board of the Stock Exchange of Hong Kong Limited and
admitted to trading on the AIM Market of the London Stock Exchange
and the PLUS market. The Company has a growth strategy focusing on
long-term projects, solutions and services and development of new
applications and revenue streams, particularly in the security
applications industry.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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