RNS Number: 6145Q 14 September 2017

Asian Growth Properties Limited

("AGP" or the "Company")

Director dealing

Further to the share exchange offer as set out in the composite document dated 28 July 2017 and the joint announcement dated 11 September 2017 made by the Company and Nan Luen International Limited ("NLI"), the final acceptances totalling 3,279,469 common shares in AGP were processed on 13 September 2017. As of 13 September 2017, NLI holds 866,605,133 common shares in AGP, equating to 97.77% of the common shares of AGP.

Lu Wing Chi, Lambert Lu and Lincoln Lu have direct and indirect interests in NLI.

JCS Limited ("JCS") has an indirect interest in 866,605,133 common shares in AGP by virtue of its 63.58% shareholding interest in NLI.

Lu Wing Chi has an indirect interest in 529,965,435 common shares in AGP by virtue of his direct shareholdings of 30% and 49% in NLI and JCS respectively.

Lincoln Lu has an indirect interest in 168,319,847 common shares in AGP by virtue of his direct shareholdings of 3.21% and 25.5% in NLI and JCS respectively.

Lambert Lu has an indirect interest in 168,319,847 common shares in AGP by virtue of his direct shareholdings of 3.21% and 25.5% in NLI and JCS respectively.

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Lu Wing Chi

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification

/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Asian Growth Properties Limited

b)

LEI

N/A

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Common shares of US$0.05 each London Stock Exchange, AIM, AGP.L

ISIN Code: BMG054131021

b)

Nature of the transaction

Interest in Nan Luen International Limited following receipt of acceptances under the share exchange offer as set out in the composite document dated 28 July 2017.

c)

Price(s) and volume(s)

Direct

Entity and ownership

Price(s)

Volume(s)

Nan Luen International Limited ("NLI") (30.0%)

NA

3,279,469notes

Price(s)

Volume(s)

NA

0

Closely Associated Persons

Notes:

  1. NLI has a direct interest in 866,605,133 common shares in the Company as at 13 September 2017.

  2. JCS has an indirect interest in 866,605,133 common shares in the Company by virtue of its 63.58% shareholding interest in NLI as at 13 September 2017.

  3. Lu Wing Chi has direct shareholdings of 30% and 49% in NLI and JCS respectively.

d)

Aggregated information

  • Aggregated volume

  • Price

3,279,469 Common Shares

NA

e)

Date of the transaction

13 September 2017

f)

Place of the transaction

XLON

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Lambert Lu

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification

/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Asian Growth Properties Limited

b)

LEI

N/A

AGP - Asian Growth Properties Ltd. published this content on 14 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 September 2017 08:13:03 UTC.

Original documenthttp://www.asiangrowth.com/html/press/2017.09.14 AGP MAR directors form (NLI - 3 Lu directors) September.pdf

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