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Company Announcements

Change in registrar

RNS Number : 0721P
LED International Holdings Ltd
03 June 2015
 



3 June 2015

 

LED INTERNATIONAL HOLDINGS LIMITED

("LED" or the "Company")

 

Change in registrar

 

 

The board of directors of LED announces that the Company's share register will be administered by Computershare Investor Services (BVI) Limited ("Computershare") with effect from 1 June 2015.

 

From 1 June 2015, correspondence in respect of shareholdings in LED should be sent to: Computershare Investor Services (BVI) Limited, c/o Queensway House, Hilgrove Street, St Helier, Jersey JE1 1ES. General shareholder queries can also be sent to: info@computershare.co.je 

 

Existing share certificates for shareholdings in LED will remain valid. Shareholders who currently hold Depositary Interests representing their shares in electronic form do not need to take any further action, as their shares will remain registered with the same CREST details.

 

Computershare will send a letter to shareholders shortly, informing shareholders, inter alia, of the change in registrar and of their unique Shareholder Reference Numbers.  A copy of this letter will shortly be available for download from the Company's website, www.led-intl.com, in accordance with AIM Rule 20.

 

 

**Ends**

 

For further information:

 

LED International Holdings Limited


Stephen Chan - Chief Executive Officer

+852 2243 3100



Allenby Capital Limited


Nick Naylor / Alex Price

+44 (0) 20 3328 5656



Notes to Editors:

 

LED International Holdings Limited and its subsidiaries specialize in the provision of EMC contracts under which the Group installs energy saving products in its customers' premises, including lighting and reactance filtering equipment supplied by the Group, and the subsequent savings made by the customers in their electricity charges are then shared between the Group and the customers thereby enabling the Group to generate recurring revenue rather than one-off sales revenue. Historically, the Group's business has been the development, manufacture and sale of low-powered light-emitting diode ("LED") display screens and modules.

 

Under EMC contracts, the Group provides energy efficiency solutions, including LED lighting, reactance filtering energy saving and other energy efficiency solutions.Specifically, the Group overhauls its customers' existing lighting and power consumption systems (which are based on traditional lighting technology and power generation equipment) with proprietary LED lighting products, reactance filtering equipment and other solutions provided by the Group. These energy efficiency products are installed in customers' premises. The Group bears all the upfront costs associated with the supply and installation of the energy efficiency solutions and these costs are then recouped by sharing in the monthly energy savings generated by the customers' use of the energy efficiency solutions over the period of the contracts. The Group receives revenue from customers on several different payment terms including on a pre-payment, monthly or quarterly basis.

 

The Company's wholly-owned direct subsidiary, Green Pearl Leasing (China) Co. Ltd. operates a lease financing business having been granted a highly sought after leasing finance licence to enable the Group to provide lease financing to customers.

 

For more information, please visit: http://www.led-intl.com 

 


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