Holding(s) in Company

RNS Number : 2865E

Green Dragon Gas Ltd

05 April 2011

 



5 April 2011

GREEN DRAGON GAS LTD

("Green Dragon" or "the Company")

Holding in Company

Green Dragon Gas Ltd (AIM: GDG), one of the largest independent companies involved in the production of CBM gas and the distribution and sale of gas in China, announces that it has been notified that on 4 April 2011 PB Commerce Limited sold 6,415,676 ordinary shares in the Company (representing 4.83% of the Company's issued ordinary shares) at a price of US$12.75 per share and that, following the sale, PB Commerce Limited no longer holds any shares in the Company.

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

Stephen Hill, VP Corporate Communications Green Dragon Gas	[phone]
Dr Azhic Basirov / David Jones Nomad & Broker Smith & Williamson	[phone]
Robert Collins / Tim Redfern / Anu Tayal Broker Evolution Securities	[phone]
Paul Connolly / John Dwyer / Steve Baldwin Broker Macquarie Capital (Europe) Limited	[phone]
Judith Rawnsley Broker CLSA	[phone]
Philip Dennis / James Henderson Investor Relations Pelham Bell Pottinger	[phone]

 

END

 

 

HOLUSOBRAKASRAR