China Growth Opportunities Limited is registered in Guernsey,
is self managed, and is listed on the UK's AIM Stock Market

The Company's objective is to provide shareholders with capital growth and income from investing in a portfolio of companies whose business operations are based in China. The Company will seek to invest as sole or lead investor in profitable, well-managed real estate and retail orientated businesses whose business operations are based in China.

The Investor intends to utilise its resources and contacts in Hong Kong and China in order to generate deal flow and actively manage investments. Although there are no limits on the proportion of the Company's net assets which may be invested in any particular investment, the Directors will seek to ensure that the Company has a spread of investments. Investments are expected to be held for between approximately three to five years.

The Company will hold its investments through special purpose vehicles ("SPVs"). Borrowing may be undertaken at the SPV level and investments may initially be highly geared.

Directors

Rhys Davies (Executive Chairman)

Rhys is a General Partner of Damille Partners, which he established in October 2008 with Brett Miller (with each holding a 50% partnership interest).

Rhys is also an Executive Director of Damille Investments Limited, Damille Investments II Limited and Damille Partners Limited. Rhys also presently serves as the Non-Executive Chairman of Loudwater Trust Limited, Rapid Realisations Limited, an AIM quoted Guernsey registered investment company, and EIH plc, an AIM quoted Isle of Man registered investment company.

Rhys holds degrees from the University of Wales, Cardiff, and Imperial College, London, as well as the CFA designation.

Kevin McCabe (Executive Director)

Kevin is the founding director of the Scarborough Group of companies ("Scarborough Group") and has been its chairman since inception. Kevin has over 40 years' experience in the commercial property sector. The Scarborough Group was founded in 1980 and is a group of independent businesses with real estate, investment and leisure interests in the UK, Central Europe, North America, Australia, India and China, including Hong Kong. The Scarborough Group's interests have diversified to include, inter alia, a global investment portfolio in excess of £1.0 billion.

Kevin is chairman of many of the Scarborough Group companies and is the chairman of Sheffield United plc.


The Company is managed by the Board of Directors, which consists of two Executive Directors.

Board Responsibilities

The responsibilities of the Board of Directors are set out below:

  • Determination of the Company's Investing Policy and overall responsibility for the Company's activities including the review of investment activity and performance;
  • Ensuring that commercial and regulatory risks and financing needs are properly considered and that the obligations of a public company are adhered to; and
  • Implementing appropriate corporate governance standards and overseeing the effectiveness of the Company's system of internal control.

As part of the Company's internal control structure, the Board has set up an Audit Committee, Management Engagement Committee and a Nomination Committee. The committees comprise all of the Directors.

Investor Relations

AIM Rule 26

The following information is disclosed in accordance with Rule 26 of the AIM rules.
(Last updated: 03/01/2014)

Description of Business and Investing Policy
Please follow the link below for a description of the business.
About CGO

The names of the directors and biographical details
Please follow the link below for the names of the directors and brief biographical details of each.
Board of Directors

Directors' responsibilities and board committees
Please follow the link below for a description of Directors' responsibilities.
Board of Directors and their committees

Country of incorporation and main country of operation
The Company is a closed-ended investment company domiciled and incorporated as a limited liability company in Guernsey. As the Company is not incorporated in the UK, the rights of shareholders may be different from the rights of shareholders in a UK incorporated company. CGO's main country of operation is China.

Memorandum and Articles of Incorporation
Please follow the link below for the Memorandum and Articles of Incorporation.
Memorandum and Articles of Incorporation

Details of any other exchanges or trading platforms
The Company's ordinary shares (code: CGOP) and warrants (code: CGOW) are traded on AIM. The Company is not listed on any other exchanges or trading platforms.

Number of securities in issue
There are 70,000,709 ordinary shares of the Company in issue.

Percentage of the Company's issued share capital that is not in public hands
In accordance with the AIM Rules (Rule 26), in so far as the Company is aware, the percentage of the Company's issued share capital that is not in public hands is 60.98%.

Details of any restrictions on the transfer of securities
There are no restrictions on the transfer of securities.

Company Shareholdings
The Company has been notified, in accordance with the Disclosure and Transparency Rules, of the following shareholdings amounting to 3% or more of the ordinary capital of the Company.

At 3 January 2014, the Company had received notification of the following substantial shareholders::

Funds Managed By Number of Shares % of Issued Share Capital
Scarborough Holding Company 20,000,000 28.57%
Damille Partners and Damille Partners II 13,751,920 19.65%
Weiss Asset Management 8,934,336 12.76%
Newton Investment Management 6,602,612 9.43%
The Photo Distribution Ltd Retirement Benefits Scheme 5,475,796 7.82%
Mr Duncan Hall 5,150,000 7.36%
Schroder Investment Management 2,437,272 3.48%

Financial information
Please follow the link below for access to the Company's annual and half-yearly reports.
Reports

Company announcements
Please follow the link below to access notifications made by the Company in the past 12 months.
Regulatory News

Advisors

Registrar Administrator, Secretary and Registered Office
Capita Registrars (Guernsey) Limited

PO Box 627
St Peter Port
Guernsey
GY1 4PP
Elysium Fund Management Limited

1st Floor
Royal Chambers
St Julian's Avenue
St Peter Port
Guernsey
GY1 3JX

Tel: +44 1481 810 100
Email: [email protected]

Nominated Adviser and Broker Independent Auditors
N+1 Singer

One Bartholomew Lane
London
EC2N 2AX

Tel number: 0207 496 3000

PricewaterhouseCoopers CI LLP

Royal Bank Place
1 Glategny Esplanade
St Peter Port
Guernsey
GY1 4ND

Guernsey Legal Adviser to the Company English Legal Adviser to the Company
Mourant Ozannes

1 Le Marchant Street
St Peter Port
Guernsey
GY1 4HP

Stephenson Harwood

1 Finsbury Circus
London
EC2M 7SH

Regulatory News

View Half Yearly Results (Opens in new Window) 25/11/13 Half Yearly Results
View Holding(s) in Company (Opens in new Window) 04/11/13 Holding(s) in Company
View Share Price Movement (Opens in new Window) 30/10/13 Share Price Movement
View Result of AGM (Opens in new Window) 20/09/13 Result of AGM
View Posting of Annual Report (Opens in new Window) 14/06/13 Posting of Annual Report
View Final Results (Opens in new Window) 11/06/13 Final Results
View Holding(s) in Company (Opens in new Window) 17/01/13 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 18/12/12 Holding(s) in Company
View Adviser Change of Name(Opens in new Window) 07/12/12 Adviser Change of Name
View Half Yearly Results(Opens in new Window) 22/11/12 Half Yearly Results
View Holding(s) in Company (Opens in new Window) 16/10/12 Holding(s) in Company
View Result of AGM (Opens in new Window) 21/09/12 Result of AGM
View Holding(s) in Company (Opens in new Window) 07/09/12 Holding(s) in Company
View Holding in Company (Opens in new Window) 05/09/12 Holding in Company
View Exercise of Warrants (Opens in new Window) 16/08/12 Exercise of Warrants
View Holding(s) in Company (Opens in new Window) 16/08/12 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 10/08/12 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 03/08/12 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 16/07/12 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 25/06/12 Holding(s) in Company
View Director/PDMR Shareholding (Opens in new Window) 20/06/12 Director/PDMR Shareholding
View Final Results (Opens in new Window) 19/06/12 Final Results
View Director/PDMR Shareholding (Opens in new Window) 08/06/12 Director/PDMR Shareholding
View Holding(s) in Company (Opens in new Window) 07/06/12 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 06/06/12 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 31/05/12 Holding(s) in Company
View Results of EGM (Opens in new Window) 28/05/12 Results of EGM
View Holding(s) in Company (Opens in new Window) 23/05/12 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 14/05/12 Holding(s) in Company
View Notice of AGM (Opens in new Window) 03/05/12 Proposed Subscription and Return of Capital
View Half Yearly Results (Opens in new Window) 29/11/11 Half Yearly Results
View AGM Statement (Opens in new Window) 23/09/11 AGM Statement
View Change of Registered Office (Opens in new Window) 30/08/11 Change of Registered Office
View Holding(s) in Company (Opens in new Window) 04/08/11 Final Results
View Holding(s) in Company (Opens in new Window) 28/07/11 Return of Capital
View Holding(s) in Company (Opens in new Window) 08/06/11 Return of Capital
View Holding(s) in Company (Opens in new Window) 24/03/11 Update re China CDM
View Holding(s) in Company (Opens in new Window) 08/02/11 Final date for Warrant Exercise
View Holding(s) in Company (Opens in new Window) 20/01/11 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 17/01/11 Holding(s) in Company
View Holding(s) in Company 2 (Opens in new Window) 17/01/11 Holding(s) in Company 2
View Holding(s) in Company 3 (Opens in new Window) 17 01 11 Holding(s) in Company 3
View Director PDMR Shareholding (Opens in new Window) 17/01/11 Director PDMR Shareholding
View Return of Capital and disposal (Opens in new Window) 13/01/11 Return of Capital and disposal
View Half Yearly Report (Opens in new Window) 07/12/10 Half Yearly Report
View Investment Update (Opens in new Window) 16/11/10 Investment Update
View Holding(s) in Company(Opens in new Window) 05/11/10 Holding(s) in Company
View Holding(s) in Company(Opens in new Window) 08/10/10 Holding(s) in Company
View Result of AGM(Opens in new Window) 14/09/10 Result of AGM
View Annual Financial Report (Opens in new Window) 17/08/10 Annual Financial Report
View Final Results(Opens in new Window) 10/08/10 Final Results
View Holding(s) in Company (Opens in new Window) 11/06/10 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 18/03/10 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 26/02/10 Holding(s) in Company
View Half Yearly Results (Opens in new Window) 09/12/09 Half Yearly Results
View Holding(s) in Company (Opens in new Window) 05/11/09 Holding(s) in Company
View Change of Nominated Adviser and Broker (Opens in new Window) 06/11/09 Change of Nominated Adviser and Broker
View Investment Policy Announcement (Opens in new Window) 22/10/09 Investment Policy Announcement
View Resignation of Director (Opens in new Window) 20/10/09 Resignation of Director
View PLC Termination Announcement (Opens in new Window) 29/09/09 PLC Termination Announcement
View Return of Capital (Opens in new Window) 16/09/09 Return of Capital
View Result of AGM (Opens in new Window) 16/09/09 Result of AGM
View AGM Announcement (Opens in new Window) 16/09/09 AGM Announcement
View Sale of China New Energy (Opens in new Window) 28/08/09 Sale of China New Energy
View Holding in Company (Opens in new Window) 07/08/09 Holding in Company
View Holding in Company (Opens in new Window) 03/08/09 Holding in Company
View Annual Report available (Opens in new Window) 14/07/09 Annual Report available
View Annual Results (Opens in new Window) 09/07/09 Annual Results
View Result of EGM (Opens in new Window) 06/07/09 Result of EGM
View Holding(s) in Company (Opens in new Window) 29/06/09 Holding(s) in Company
View Circular- Return on Capital (Opens in new Window) 10/06/09 Circular- Return on Capital
View Holding(s) in Company (Opens in new Window) 25/05/09 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 22/05/09 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 20/05/09 Holding(s) in Company
View Appointment of New Non Executive Director (Opens in new Window) 09/04/09 Appointment of New Non Executive Director
View ACE, Biofoods, Hainan sale Announcement (Opens in new Window) 01/04/09 ACE, Biofoods, Hainan sale Announcement
View Investment Support Termination (Opens in new Window) 22/03/09 Investment Support Termination
View Full Year Financial Statement and Dividend Announcement (Opens in new Window) 27/02/09 Full Year Financial Statement and Dividend Announcement
View Portfolio Update- AWT, DBI and Biofoods (Opens in new Window) 12/02/09 Portfolio Update- AWT, DBI and Biofoods
View EGM Announcement- Directors Appointment (Opens in new Window) 23/01/09 EGM Announcement- Directors Appointment
View Portfolio Update- AWT (Opens in new Window) 07/01/09 Portfolio Update- AWT

Contact Us

Elysium Fund Management Limited
PO Box 650
1st Floor Royal Chambers
St Julian's Avenue
St Peter Port
Guernsey
GY1 3JX

Tel: +44 1481 810 100
Email: [email protected]