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New Trend Lifestyle (NTLG)

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Tuesday 29 December, 2015

New Trend Lifestyle

Director/PDMR Shareholding

RNS Number : 3447K
New Trend Lifestyle Group plc
29 December 2015
 

 

New Trend Lifestyle Group Plc

("NTLG" or the "Company")

 

Directors Dealing

 

  

New Trend lifestyle Group Plc (AIM: NTLG), the Singapore - based Feng Shui products and services group, announces the following dealing in the Company's ordinary shares of 0.1 pence each ("Ordinary Shares") by Grand Master Hillary Phang Song Hua, Chief Executive Officer.

 

The dealing took place and was notified to the Company on 28 December 2015. Master Phang has sold his entire 100% shareholding in Spruson Investments Ltd ("Spruson"), a company which owns 7,480,000 Ordinary Shares in the Company ("Shares") and therefore no longer has a beneficial interest in 7,480,000 Shares.  The 7,480,000 Shares were the sole asset of Spruson and the consideration of £48,620 received for Spruson equates to 0.65 pence per Share.

Ms Chunlan Liao has purchased 100% of the ordinary share capital of Spruson.

 

Master Phang retains a beneficial interest in 61,453,333 Shares, representing approximately 61.45 per cent. of the Company's issued Ordinary Share capital. 

 

For further information:-

 

New Trend Lifestyle Group Plc                                                  0207 653 9850

Robert Goddard, Chairman

Ajay Rajpal, Director & Interim CFO

 

Zeus Capital (NOMAD and broker)                                     

Andrew Jones                                                                               0161 831 1512

 

 About New Trend Lifestyle

The Company was established in 2005 by Master Hillary Phang. NTL's Feng Shui services include building and office design consultancy, astrology readings, marriage matching, aura readings and business talks and seminars for large corporations.

NTL is one of the leading branded Feng Shui consultancies in Asia, selling its services to a mixture of high profile businessmen, political figures, business enterprises and the general public. It provides lifestyle guidance to customers, which leads to the provision of a number of products and services.

Feng Shui is endemic in Chinese communities throughout the world and influences many aspects of personal, business and even Government activities and is the basis on which the Company has created a business with a strong brand and deep-seated cultural drivers.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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