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New Trend Lifestyle (NTLG)

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Wednesday 30 July, 2014

New Trend Lifestyle

Director's Share Pledge Security Released

RNS Number : 7390N
New Trend Lifestyle Group plc
30 July 2014
 

30 July 2014

 

New Trend Lifestyle Group plc

                                                                       ("NTLG" or "The Company")

 

Director's Share Pledge Security Released

 

 

New Trend Lifestyle Group plc (AIM: NTLG) announces that, further to its announcement on 4 July 2014, the loan to Master Phang, a director and controlling shareholder, from Hao Tin Development Group Limited has been fully repaid and the agreement terminated. Security over 54,721,333 shares of NTLG, previously pledged by Master Phang as a condition of the loan agreement, has now been released.

 

For further information please contact:

 

New Trend Lifestyle PLC                                                       +65 6533 5082

Robert Goddard, Chairman

Ajay Rajpal, Director & Interim CFO

 

Zeus Capital (NOMAD and broker)                                      +44 161 831 1512

Corporate Finance:  Ross Andrews, Andrew Jones                                             

 

 


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