TIDMACHL

RNS Number : 0588X

Asian Citrus Holdings Ltd

07 January 2014

 
 For immediate release   7 January 2014

Asian Citrus Holdings Limited

("Asian Citrus" or "the Group")

Director dealings

Asian Citrus was notified on 6 January2014 that Market Ahead Investments Limited received 5,392,975 scrip dividend alternative to the cash dividend in the Company on 31 December 2013 at an offer price of HK$2.74 (equivalent to 21.6 pence) per share.

Market Ahead Investments Limited, the issued share capital of which is beneficially owned as to 76% by Mr. Tong Wang Chow, the Chairman and an executive Director, 6% by Mr. Tong Hung Wai, Tommy, an executive Director, 6% by Mrs. Tong Lee Fung Kiu, 6% by Ms. Tong Mei Lin and 6% by Mr. Lee Kun Chung. Following the scrip dividend, Market Ahead Investments Limited now holds 241,865,367 ordinary shares representing 19.35% of the Company's issued share capital. Mr. Tong Wang Chow is deemed to be interested in 241,865,367 ordinary shares held by Market Ahead Investment Limited by virtue of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

For further enquires:

 
 Asian Citrus 
 Tony Tong / Tommy Tong, Executive 
  Director                            +852 2559 0323 
 
 Cantor Fitzgerald Europe 
  (NOMAD and Broker) 
 Rick Thompson / David Foreman        +44 (0) 20 7894 
  (Corporate Finance)                  7000 
 Richard Redmayne (Corporate 
  Broking) 
                                      +44 (0) 20 7067 
 Weber Shandwick Financial             0700 
 Nick Oborne, Stephanie Badjonat, 
  John Moriarty

This information is provided by RNS

The company news service from the London Stock Exchange

END

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