Result of AGM

RNS Number : 4967I

Green Dragon Gas Ltd

15 June 2011

 



15 June 2011

GREEN DRAGON GAS LTD

("Green Dragon" or "the Company")

Result of Annual General Meeting

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 wholesale gas in China, announces that at the Company's AGM held earlier today, all resolutions were duly passed.  Included in the resolutions was the approval of the adoption by the Company of the Second Share Option Scheme (the "Scheme") which provides inter alia for the issue of shares under options to be granted under the Scheme (and any other scheme of the Company) not exceeding 10% of the Company's shares in issue at an option price to be determined by the Company's Remuneration Committee.

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

Stephen Hill / Betty Cheung Green Dragon Gas	[phone]
Dr Azhic Basirov / David Jones Smith &Williamson - Nomad & Broker	[phone]
Tim Redfern / Anu Tayal / Adam James Evolution Securities - Broker	[phone]
Paul Connolly / John Dwyer / Steve Baldwin Macquarie Capital (Europe) - Broker	[phone]
Judith Rawnsley CLSA - Broker	[phone]
James Henderson / Phillip Dennis Pelham Bell Pottinger - Investor Relations	[phone]

 

END

 

 

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