Annual Report and Notice of Annual General Meeting

RNS Number : 8999H

Green Dragon Gas Ltd

26 June 2013

 



26 June 2013

GREEN DRAGON GAS LTD

("Green Dragon" or the "Company")

Annual Report and Notice of Annual General Meeting

Green Dragon Gas Ltd (AIM: GDG), one of the largest independent companies involved in the production of CBM gas and the distribution and sale of gas in China, announces that it has posted to shareholders its Annual Report for the year ended 31 December 2012 and the Notice of its Annual General Meeting which is to be held at Smith & Williamson, 25 Moorgate, London EC2R 6AY on 16 July 2013 at 10.00am. 

The resolutions to be put to Green Dragon shareholders at the Annual General Meeting include a special resolution to adopt amended and restated Memorandum and Articles of Association ("Revised Memorandum and Articles of Association"). The changes being proposed include general updates and provisions to allow the Board to declare dividends in specie without first seeking shareholder approval. 

If approved by shareholders, the Revised Memorandum and Articles of Association are expected to enable the proposed de-merger of Greka Engineering & Technology Ltd. to proceed without the need to obtain further shareholder approval at a separately convened general meeting.

Copies of the Annual Report, Notice of AGM and the Revised Memorandum and Articles of Association (including a black-lined version highlighting all proposed changes) are available on the Company's website at www.greendragongas.com.

For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:

Stephen Hill, VP Corporate Communications Green Dragon Gas	[phone]
Dr Azhic Basirov / David Jones Smith & Williamson - Nomad and Broker	[phone]
Steve Baldwin / Nicholas Harland Macquarie Capital (Europe) - Broker	[phone]
Richard Crichton / Andy Crossley Peel Hunt - Broker	[phone]
James Henderson / Phillip Dennis Pelham Bell Pottinger - Investor Relations	[phone]

 

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