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Naibu Global Intl Co (NBU)

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Tuesday 10 December, 2013

Naibu Global Intl Co

Issue of Equity

RNS Number : 1459V
Naibu Global International Co PLC
10 December 2013
 



 

 

Press Release

10 December 2013

 

Naibu Global International Company Plc

 

("Naibu" or the "Company")

 

Issue of Equity

 

Naibu Global International Company Plc(AIM:NBU), a leading Chinese manufacturer and supplier of branded sportswear, announces that further to its previous announcements, the Company's interim dividend to shareholders will be paid on 16 December 2013.  To those shareholders who elected to receive their dividend as a cash payment, the Company will be paying a total of £558,168.78.  To those shareholders who elected for a scrip dividend, the Company will be issuing a total of 883,809 new ordinary shares of no par value ("New Ordinary Shares").

 

The calculation for the scrip dividend of the Company's share price, as originally disclosed in the interim scrip dividend circular, was the average of the closing middle market quotations for the Company's ordinary shares for the day on which they were quoted ex-dividend and the four subsequent dealing days, being 67.4 pence.

 

Pursuant to this announcement, application has been made for a total of 883,809 new ordinary shares of no par value in the Company to be admitted to trading on AIM ("New Ordinary Shares").  This is expected to occur on 16 December 2013.  Following admission, Naibu's issued ordinary share capital will consist of 58,576,611 ordinary shares.  The New Ordinary Shares will rank pari passu in all respects with the ordinary shares of the Company currently traded on AIM.

 

The total of 58,576,611 ordinary shares may therefore be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

- Ends -



 

For further information:

Naibu Global International Company Plc


Huoyan Lin, Executive Chairman

Tel: +44 (0) 20 7398 7702

Li Zhen, Chief Financial Officer

www.naibu.com

 

Daniel Stewart & Company Plc

Tel: +44 (0) 20 7776 6550

Paul Shackleton / Martin Lampshire

www.danielstewart.co.uk

 

Media enquiries:

Abchurch


Henry Harrison-Topham / Joanne Shears

Tel: +44 (0) 20 7398 7702

[email protected]

www.abchurch-group.com

 


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