Holding(s) in Company

RNS Number : 0180Y
Green Dragon Gas Ltd
15 December 2010
 



15 December 2010

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 wholesale gas in China, announces that it has been notified that on 14 December 2010 PB Commerce Ltd sold 2,239,000 ordinary shares in the Company at a price of USD 11.68 per share following additional excess demand for the Company's share placement conducted by CLSA Limited on 3 December 2010.  Following the sale, PB Commerce Ltd is interested in 6,415,676 ordinary shares in the Company representing 4.96% of the outstanding ordinary shares.

 

 

 

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

+852 3710 0168

Dr Azhic Basirov / David Jones

Nomad & Broker, Smith &Williamson

+44 20 7131 4000

Robert Collins / Tim Redfern

Broker, Evolution Securities

+44 20 7071 4312

Judith Rawnsley

Broker, CLSA

+852 2600 8203

 

James Henderson / Phillip Dennis

Investor Relations, Pelham Bell Pottinger

+44 20 7861 3232

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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