Directors' Dealings
22 Marzo 2010 - 6:54PM
UK Regulatory
TIDMCGA
RNS Number : 9814I
China Gateway International PLC
22 March 2010
FOR IMMEDIATE RELEASE
22 March 2010
China Gateway International PLC
("CGI" or "the Company")
Directors' Dealings
CGI announces that the following transfers of ordinary shares, which represent
Directors' dealings under the AIM Rules, took place today:
- 568,429 ordinary shares were transferred from Omega Properties Limited to
Heritage
Building Limited; and
- 498,237 ordinary shares were transferred from Omega Properties Limited to
Blenheim
Limited.
Following the transfers the interests the Directors involved are as follows:
+---------------+------------+------------------+---------------+
| | Prior to | Details of | Resultant |
| | transfers | transfers | shareholding |
| | (ordinary | (ordinary | and % |
| | shares) | shares) | |
+---------------+------------+------------------+---------------+
| Omega | 7,083,579 | 498,237 to | 6,016,913 |
| Properties | | Blenheim | (26.65%) |
| Limited * | | 568,429 to | |
| | | Heritage | |
| | | | |
+---------------+------------+------------------+---------------+
| Blenheim | 7,083,579 | 498,237 from | 7,581,816 |
| Limited ** | | Omega | (33.59%) |
+---------------+------------+------------------+---------------+
| Heritage | 1,692,945 | 568,429 from | 2,261,374 |
| Building | | Omega | (10.01%) |
| Limited *** | | | |
+---------------+------------+------------------+---------------+
* The shares in Omega Properties Limited are registered in the name of F&A
Services Limited, a company incorporated in Malta, which holds them on
discretionary trust for a class of beneficiaries which includes Ken Wills,
Director and CEO of CGI.
** The shares in Blenheim Limited are registered in the name of F&A Services
Limited, a company incorporated in Malta, which holds them on discretionary
trust for a class of beneficiaries which includes Chris Seymour-Prosser, the
Managing Director of CGI.
*** Following the transfers, Ken Wills will have interests in 6,585,342 shares
or 29.17% of the share capital (including the shares held by Heritage Building
Limited) in the Company, and Chris Seymour-Prosser will have interests in
9,274,761 shares, or 41.09% of the share capital in the Company
Ends
For further information, please contact:
+-------------------------------+-------------------------------+
| China Gateway International | |
| PLC | +44 (0) 1843 822444 |
| Ken Wills | |
| | |
+-------------------------------+-------------------------------+
| | |
+-------------------------------+-------------------------------+
| Beaumont Cornish Limited | |
| Roland Cornish | +44 (0) 20 7628 3396 |
| | |
+-------------------------------+-------------------------------+
| | |
+-------------------------------+-------------------------------+
| | |
+-------------------------------+-------------------------------+
| | |
+-------------------------------+-------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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