Transfer of Shares
28 Abril 2010 - 6:10AM
UK Regulatory
TIDMWCC
RNS Number : 9367K
West China Cement Limited
28 April 2010
West China Cement Limited ("WCC" or the "Company")
Share Transfer
28 April 2010
West China Cement Limited ("WCC" or the "Company") announces that it has
received notifications from Lili Zhang and Zhaoyang Ma regarding the transfer of
ordinary shares of 10p each ("Ordinary Shares") in the Company.
The Company was informed that, on 26 April 2010, Lili Zhang and Zhaoyang Ma
transferred the following Ordinary Shares as follows:
· 2,830,189 Ordinary Shares, representing 4.30% of the Company's issued
share capital, from Lili Zhang to Central Glory Holdings Limited, a company
wholly owned by Lili Zhang, at total consideration of GBP1.00, off market
· 4,273,599 Ordinary Shares, representing 6.49% of the Company's issued
share capital, from Zhaoyang Ma to Techno Faith Investments Limited, a company
wholly owned by Zhaoyang Ma, at total consideration of GBP1.00, off market
There is no change to either Lili Zhang's or Zhaoyang Ma's beneficial interest
in the Company, which following this notification remains at 2,830,189 Ordinary
Shares and 4,273,599 Ordinary Shares respectively.
At the Company's AGM held on 31 March 2010, resolutions were approved by
shareholders in relation to the proposed listing (the "HKEx Listing") of the
shares of the Company on the Main Board of The Stock Exchange of Hong Kong
Limited (the "HKEx"), including a de-listing of the Company from AIM (the
"De-Listing") to take place at the same time as the HKEx Listing. The Delisting
is conditional on the HKEx Listing taking place, and the Directors expect that
the HKEx Listing and the De-Listing will take place on or around 18 June 2010.
The expected date of the De-Listing and the HKEx Listing set out above is the
earliest expected date and is subject to change. The timing of the De-Listing is
contingent on the HKEx Listing. The HKEx Listing is subject to, amongst other
things, the approval of the listing sub-committee of the board of directors of
the HKEx. The Company will make further announcement in the event that there is
any change to the expected timetable set out in this announcement and the final
dates will be confirmed not less than ten clear business days in advance of the
relevant date.
For further information, please contact:
West China Cement Limited
Po Ling Low, Tel: +86 139 1088 6649
Anthony Schindler, Tel: +44 7710 1789 28
NCB Stockbrokers Limited
Christopher Caldwell, Tel: +44 20 7071 5200
Citigate Dewe Rogerson Asia
Pui Shan Lee, Tel: +86 21 6340 4186
This information is provided by RNS
The company news service from the London Stock Exchange
END
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