TIDMNBU

RNS Number : 9582I

Naibu Global International Co PLC

10 July 2013

 
 Press Release   10 July 2013

Naibu Global International Company Plc

("Naibu" or the "Company")

Directors' Dealings

Naibu Global International Company Plc(AIM:NBU), a leading Chinese manufacturer and supplier of branded sportswear, announces that Executive Chairman Huoyan Lin, Non-Executive Deputy Chairman Giles Elliott and Non-Executive Director Stephen Cheung, all purchased ordinary shares of no par value in the Company ("Ordinary Shares") on 9 July 2013 at a price of 58 pence per Ordinary Share. Details of the transactions and the directors' holdings are set out in the table below:

 
 Director          Number of Ordinary   Ordinary Shares   Holding in the 
                    Shares Purchased     Held Following    Company (%) 
                                         Purchases 
----------------  -------------------  ----------------  --------------- 
 Huoyan Lin*       1,800,000            27,435,000        50.02% 
----------------  -------------------  ----------------  --------------- 
 Giles Elliott     86,207               94,272            0.17% 
----------------  -------------------  ----------------  --------------- 
 Stephen Cheung    20,000               20,000            0.04% 
----------------  -------------------  ----------------  ---------------

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

These directors purchased these Ordinary Shares in parallel with a placing of 8,727,300 existing Ordinary Shares in the Company by Daniel Stewart with institutional and other investors in London and Hong Kong (the "Placing").

Commenting on the Placing, Huoyan Lin, Executive Chairman of Naibu, said: "The Board is pleased to announce this Placing, which removes some of the early stage investors in Naibu whom the Company would like to thank for their past support. The Board continues to view the future with confidence and looks forward to working with these new shareholders, as well as our remaining existing shareholders, to further drive the Company's growth."

- 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 
 Joanne Shears / Quincy Allan         Tel: +44 (0) 20 7398 
                                                      7709 
 joanne.shears@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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