China Chaintek United Co., Ltd Further re scrip dividend Directors' dealings (6125N)

TIDMCTEK

RNS Number : 6125N

China Chaintek United Co., Ltd

20 May 2015

 
 Press Release   20 May 2015

China Chaintek United Co., Ltd

("Chaintek" or the "Company")

Further re scrip dividend

Directors' dealings

China Chaintek United Co., Ltd (AIM: CTEK), the provider of logistics services to manufacturers of consumer goods in China, is pleased to announce that a total of 4,735,767 new ordinary shares are today being issued and admitted to trading in respect of the scrip dividend, including the following in respect of directors' shareholdings:

 
 Director                   Number of   Ordinary shares   Holding in 
                       scrip dividend         following    Company % 
                               shares    scrip dividend 
-------------------  ----------------  ----------------  ----------- 
                                           [20,399,489+ 
                                              1,645,061 
                                                      ] 
 Shufang Zhuang(1)          1,645,061        22,044,550     34.737 % 
-------------------  ----------------  ----------------  ----------- 
                                           [19,325,832+ 
                                              1,558,479 
                                                      ] 
 Meijin Xu(2)               1,558,479        20,884,311     32.909 % 
-------------------  ----------------  ----------------  ----------- 
                                          [11,972+ 965] 
 Stuart Lane                      965            12,937       0.020% 
-------------------  ----------------  ----------------  ----------- 
                                          [11,635+ 938] 
 William Knight                   938            12,573       0.020% 
-------------------  ----------------  ----------------  ----------- 
                                           [5,441+ 438] 
 Derrick Wong                     438             5,879       0.009% 
-------------------  ----------------  ----------------  -----------

Note 1 - Shufang Zhunag holds his shares in the Company via Odylink Limited, a company incorporated in the British Virgin Islands

Note 2 - Meijin Xu holds her shares in the Company via Golden Plan Developments Limited, a company incorporated in the British Virgin Islands

Following admission, the enlarged issued share capital of Chaintek with voting rights attached will consist of 63,461,372 Ordinary Shares with one vote per ordinary share. There are no shares held in Treasury. The total number of voting rights in Chaintek will therefore be 63,461,372 which is the figure that may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine whether they are required to notify their interest, or a change to their interest, in Chaintek.

- Ends -

For further information:

 
 China Chaintek United          www.chaintek-united-ir.com 
  Co., Ltd 
 Derrick Wong (Finance                       +65 9227 8485 
  Director)                              +86 159 8597 3034 
 
 ZAI Corporate Finance 
 Peter Trevelyan-Clark/ 
  Ivy Wang (Nomad)                    +44 (0) 20 7060 2220 
 Steven Baird (Broker) 
 
 Abchurch Communications 
 Henry Harrison-Topham 
  / Quincy Allan                      +44 (0) 20 7398 7714 
 chaintek@abchurch-group.com        www.abchurch-group.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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