LEYSHON ENERGY LTD
9 February 2015
Leyshon Energy Limited (AIM:LEN) (the "Company") today announces that the cash distribution proposed in the circular to shareholders of the 13 January 2015 (the "Circular") has been finally determined by the Directors as being approximately US$15.6 million in aggregate, which will result in a dividend payment of GBP 4.1 pence per share the (the "Cash Distribution").(Defined terms not otherwise defined in this announcement shall have the same meanings as set out in the Circular.)
The record date for entitlement to the Cash Distribution is 5 pm on 10 February 2015. Only those Shareholders and Depositary Interest Holders (as applicable) recorded, respectively, in the Register of Members and Register of Depositary Interest Holders as at that time will be eligible to receive the Cash Distribution.
Shareholders and Depositary Interest Holders should note that cancellation of the admission to trading on AIM of the Company's Shares is expected to take effect at 7 am on 10 February 2015, subject to the release of a dealing notice to that effect.
Payments of the Cash Distribution shall be made in Australian dollars to those Shareholders with registered addresses in Australia and to all other Shareholders/Depositary Interest Holders in GB pounds sterling. All payments will be made by cheque, sent by post and expected to be received by the end of February 2015.
The Circular stated that the Company intended to make available an off-market trading facility for the Shares and that it was anticipated that such facility will be put in place shortly after the due date of Cancellation. The Company is pleased to announce it has set up a matched trading facility with JPJenkins Limited ("JPJ") to enable the Shares of the Company to be traded on JPJ (www.jpjenkins.ltd.uk) from 8 am 11 February 2015. JPJ will, where possible, match trade the Shares between willing buyers and willing sellers. JPJ states that it is the oldest and largest exchange platform for unlisted companies. Shares traded on JPJ can only be executed via a broker that is a member of the London Stock Exchange. Shareholders should be aware that the matched trade service will not offer the same liquidity as AIM as such service is not an investment exchange, nor a public market, nor is it recognized or designated by the Financial Conduct Authority or any other regulatory authority anywhere in the World. A Q&A information on JPJ facility can also be viewed on the Company's website www.leyshonenergy.com
For further information please contact:
Peter Niu Company Secretary
L E Y S H O N ENERGY L I M I T E D
2104B Ping An International Financial Centre, 3 Xinyuan South Road Beijing 100027, China
Tel: + 86 10 8444 2882 admin@leyshonenergy.com
Cantor Fitzgerald EuropeDavid Porter/Rick Thompson/ Sarah Wharry (Nominated Adviser) Richard Redmayne (Corporate broking)
Tel: +44 207 894 7000
ENDS
L E Y S H O N ENERGY L I M I T E D
2104B Ping An International Financial Centre, 3 Xinyuan South Road Beijing 100027, China
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