TIDMCNEL

RNS Number : 9504S

China New Energy Ltd

15 March 2019

15 March 2019

China New Energy Limited

(the "Company" or "CNE")

Director's Dealing

The Board of CNE (AIM: CNEL), the AIM quoted engineering and technology solutions provider to the bioenergy sector, announces it was notified on 14 March 2019 that Tewin Capital Holding Limited, a company owned by Mr Yu Weijun, a director of the Company, purchased 8,079,728 ordinary shares on 14 March 2019 at a price of 1 pence per share, representing 1.64% of the Company's issued ordinary share capital.

Following the purchase of ordinary shares, Mr Yu Weijun is interested in 99,012,168 ordinary shares, representing 20.15% of the Company's issued share capital.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

 
 China New Energy Limited 
 Ivy Xu                                                    xuhj@zkty.com.cn 
  Richard Bennett                                           Tel: +86 20 8705 
                                                            9371 
                                                            rbennett@zkty.com.cn 
                                                            Tel: +44 7966 388374 
 
   Cairn Financial Advisers LLP (Nomad                       Tel: +44 20 7213 
   & Broker)                                                 0880 
   Jo Turner / Sandy Jamieson 
 
 Notification of a Transaction pursuant to Article 19(1) of Regulation 
  (EU) No. 596/2014 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
      --------------------------------------------------------------------------------------------------- 
 a.    Name                          Mr Yu Weijun 
      ----------------------------  --------------------------------------------------------------------- 
 2     Reason for notification 
      ----------------------------  --------------------------------------------------------------------- 
 a.    Position/Status               Director of China New Energy Limited 
      ----------------------------  --------------------------------------------------------------------- 
 b.    Initial notification/         Initial Notification 
        Amendment 
      ----------------------------  --------------------------------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------------------------- 
 a.    Name                          China New Energy Limited 
      ----------------------------  --------------------------------------------------------------------- 
 b.    LEI                           213800U8Y7E1T1Y2NR27 
      ----------------------------  --------------------------------------------------------------------- 
 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,     Ordinary Shares 
        type of instrument 
 
        Identification 
        Code                          ISIN: JE00B3RWLF12 
      ----------------------------  --------------------------------------------------------------------- 
 b.    Nature of the transaction     Purchase of ordinary shares 
      ----------------------------  --------------------------------------------------------------------- 
 
 c.    Price(s) and volume(s)             Price(s) per         Volume(s) 
                                           share 
      ----------------------------       ------------------- 
                                                     0.01      8,079,728 
                                         -------------------  -------------------- 
 
 d.    Aggregated information 
 
        - Aggregated Volume            n/a 
 
        - Price 
      ----------------------------  --------------------------------------------------------------------- 
 e.    Date of the transaction       14 March 2019 
      ----------------------------  --------------------------------------------------------------------- 
 f.    Place of the transaction      London Stock Exchange 
      ----------------------------  ---------------------------------------------------------------------

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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