Suspension of Trading in Listed Shares of Henan Zhongfu Industrial Co., Ltd
Wed, 05/27/2015Vimetco NV (LSE: VICO, the "Company"), notes the announcement of the Company's subsidiary, Henan Zhongfu Industrial Co., Ltd ("Henan Zhongfu"), which is a listed Chinese holding company of the Company's main aluminium producing operations in China.
Based on the announcement in China, the Company notes that Henan Zhongfu has informed the market regarding possible plans to issue shares in a private placement and, due to high uncertainty of this issuance, in order to ensure fair disclosure of the information and protect investors rights, the trading of the listed securities of Henan Zhongfu on the Shanghai Stock Exchange was suspended from (and including) 22 May 2015 by request of Henan Zhongfu.
The Company further understands that the temporary suspension may last up to 20 trading days from the date of suspension.
For further information please contact:
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Ana-Maria Imbrea Investor Relations Officer Vimetco N.V. Phone +40 750 067 717 Email amimbrea@vimetco.ro |
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About Vimetco
Vimetco N.V. is a global, vertically integrated producer of primary and processed aluminium products with production assets in China, Romania and Sierra Leone, and a holding company in The Netherlands. Vimetco NV controls annual production capacities of up to one million tonnes of electrolytic aluminium, 340,000 tonnes of processed aluminium products, 600,000 tonnes of alumina, 1.7 million tonnes of bauxite, 2.25 million tonnes of coal, 3 x 300 MW of electricity and 318,000 tonnes of baked anodes per year. Vimetco’s global depositary receipts are listed on the London Stock Exchange (LSE:VICO).
