Director/PDMR Shareholding

RNS Number : 7745N

Green Dragon Gas Ltd

24 February 2009

 



24 February 2009

GREEN DRAGON GAS LTD.

('Green Dragon' or the 'Company')

DIRECTOR'S DEALING

Green Dragon Gas Ltd. (AIM: GDG), the Chinese vertically integrated gas business, announces that it was notified today that Randeep Grewal, the chairman and chief executive of the Company, yesterday purchased 17,500 ordinary shares in the Company (representing 0.02% of the Company's issued share capital) at a price of US$3.00 per share.

In addition to the shares purchased yesterday, Mr. Grewal is also interested in 88,000,000 ordinary shares in the Company (representing 83.1% of the Company's issued share capital) held by Green Dragon Gas (Holdings) Limited, which is ultimately owned by a trust of which family members of Mr. Grewal (including Mr. Grewal) are discretionary objects.

For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:

Randeep S. Grewal / Betty Cheung Green Dragon Gas	[phone]
Dr Azhic Basirov / David Jones Nomad & Broker, Smith & Williamson	[phone]
Tim Redfern Broker, Evolution Securities	[phone]
Tim Thompson / Christian Goodbody Investor Relations, Buchanan	[phone]

 

END

 

 

RDSGIGDDXXDGGCS