JHL Jetion Solar

TIDMJHL

RNS Number : 0069F

Jetion Solar Holdings Limited

15 April 2011

15 April 2011

Jetion Solar Holdings Limited

("Jetion Solar" or the "Company")

Proposed Cancellation of Trading on AIM

Jetion Solar announces that at the Extraordinary General Meeting of the Company held today the special resolution to cancel the admission of the ordinary shares of no par value in the capital of the Company (the "Shares") to trading on AIM (the "Cancellation") was passed with 96.66% voting in favour.

Accordingly, the Company has requested that the Shares be cancelled from trading on AIM with effect from 27 April 2011 and thus the final day upon which they can be traded on AIM will be 26 April 2011.

As previously announced, Jiezhen Yang, the Company's majority shareholder and mother of the Chief Executive Officer and Chairman, Wen Yan Xu, together with certain other existing shareholders in the Company, has, conditional upon Cancellation becoming effective, undertaken to make an offer (the "Offer") for the entire issued share capital of the Company within 30 days of Cancellation and that the terms of the Offer will be:

For every Share owned 83 pence in cash

Further details of the Offer will be sent to shareholders shortly following the Cancellation.

For further information:

Jetion Solar Holdings Limited +86 (0) 510 8668 7372

Raymond Wong wongr@jetion.com.cn

Northland Capital Partners Limited +44 (0) 20 7492 4750

William Vandyk wvandyk@northlandcp.co.uk

Tim Metcalfe tmetcalfe@northlandcp.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

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