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China New Energy Ltd (CNEL)

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Friday 15 March, 2019

China New Energy Ltd

Director's Dealing

RNS Number : 9504S
China New Energy Ltd
15 March 2019
 

15 March 2019

 

China New Energy Limited

(the "Company" or "CNE")

 

Director's Dealing

 

The Board of CNE (AIM: CNEL), the AIM quoted engineering and technology solutions provider to the bioenergy sector, announces it was notified on 14 March 2019 that Tewin Capital Holding Limited, a company owned by Mr Yu Weijun, a director of the Company, purchased 8,079,728 ordinary shares on 14 March 2019 at a price of 1 pence per share, representing 1.64% of the Company's issued ordinary share capital.

 

Following the purchase of ordinary shares, Mr Yu Weijun is interested in 99,012,168 ordinary shares, representing 20.15% of the Company's issued share capital.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

For further information, please contact:

 

China New Energy Limited


 

Ivy Xu

Richard Bennett

[email protected]          Tel: +86 20 8705 9371

[email protected]  Tel: +44 7966 388374

 

 

Cairn Financial Advisers LLP (Nomad & Broker)

Jo Turner / Sandy Jamieson

 

Tel: +44 20 7213 0880

 

 

           


 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Mr Yu Weijun

2

Reason for notification


a.

Position/Status

Director of China New Energy Limited

b.

Initial notification/

Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

China New Energy Limited

b.

LEI

213800U8Y7E1T1Y2NR27

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a.

Description of the financial instrument, type of instrument

Identification Code


Ordinary Shares

 

ISIN: JE00B3RWLF12

b.

Nature of the transaction

Purchase of ordinary shares

c.

Price(s) and volume(s)







Price(s) per share

Volume(s)


0.01

8,079,728



d.

Aggregated information

 

- Aggregated Volume

 

- Price

 

 

n/a

 

 

e.

Date of the transaction

14 March 2019

f.

Place of the transaction

London Stock Exchange

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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