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Naibu Global Intl Co (NBU)

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Wednesday 10 September, 2014

Naibu Global Intl Co

Issue of Equity

RNS Number : 3536R
Naibu Global International Co PLC
10 September 2014
 

 

 


10 September 2014

 

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 announcement on 10 July 2014, regarding the Company's final dividend to shareholders for the year ended December 2013, the Company has issued a total of 1,972,759 new ordinary shares of no par value ("Ordinary Shares") to shareholders who elected for a scrip dividend.

 

The following Ordinary Shares will be issued to Directors of the Company:

 

Director

Number of scrip dividend shares

Ordinary shares following scrip dividend

Holding in Company %

Huoyan Lin1

1,847,068

31,815,750

52.55%

Mr Giles Elliot

6,372

109,764

0.18%

Mr S W P Cheung

1,351

23,285

0.04%

 

Note 1 - Huoyan Lin holds his interest in the Company through Central Win Global Investments Limited, a company incorporated in the British Virgin Islands, which is wholly owned and controlled by Huoyan Lin

 

Pursuant to this announcement, application has been made for a total of 1,972,759 new Ordinary Shares in the Company to be admitted to trading on AIM. This is expected to occur on 16 September 2014 ("Admission"). Following Admission, Naibu's issued share capital will consist of 60,549,370 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 60,549,370 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 / Mark Treharne

www.danielstewart.co.uk

 

Media enquiries:

Abchurch


Henry Harrison-Topham / Quincy Allan

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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