Distribution of Shares

RNS Number : 6290O

UniVision Engineering Ltd

29 May 2015

 



                                                                                                                                       29 May 2015

UniVision Engineering Limited

("UniVision", the "Company" or the "Group")

Update on the timetable for distribution of shares in Leader Smart Holdings Limited

On 29 April 2015, UniVision, the AIM quoted, Hong Kong based designer and installer of digital surveillance and integrated security systems announced the proposed distribution of a special dividend in the form of a distribution in specie regarding the shares in Leader Smart Holdings Limited ("Leader Smart"), the new BVI holding company for Leader Smart Engineering. Each qualifying shareholder who held one share of UniVision as at the close of business on 8 May 2015 would be entitled to receive one share of Leader Smart. 

A large number of shareholders in UniVision hold their interest in the Company through nominee accounts. As Leader Smart shares cannot be held through CREST, UniVision has appointed Georgeson as the agent for the Company to identify the underlying holders. Georgeson has not yet completed their review and therefore the dispatch of Leader Smart share certificates to UniVision qualifying shareholders has been delayed until 06 June 2015.

UniVision Engineering Limited                                                 Tel: [phone]

Stephen Koo, Chairman                                                                       www.uvel.com

Chun Pan Wong, Chief Executive Officer 

Danny Kwok Fai Yip, Finance Director

Nicholas Lyth, Non-Executive Director                                         [phone]

ZAI Corporate Finance Limited                                                 Tel: [phone]  

(Nominated Adviser and Broker)                                                    www.zaicf.com

Richard Morrison            

 

END

 

 

DIVEANSNALESEEF