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Dealing by Mark Hibbs

1st Mar 2016 09:37

RNS Number : 6085Q
Adamas Finance Asia Limited
01 March 2016
 

ADAMAS FINANCE ASIA LIMITED

("ADAM" or the "Company")

 

Dealing by Mark Hibbs

 

 

On 1 March 2016, the Company was informed that, on that day, Pokkuri Power Company Ltd, which is wholly owned by Mark Hibbs, purchased 300,000 ordinary shares of no par value ("Ordinary Shares") in the Company in an off-market transaction at a price of USD 0.625 per share (the "Transaction").

 

Mr. Hibbs is a Partner and the Chief Investment Officer (Asset Allocation Group) of Adamas Asset Management, the Company's investment manager, but is not responsible for making investment decisions in relation to ADAM.

 

Following the Transaction, Mr. Hibbs' total beneficial interest in the Company is 300,000 Ordinary Shares, representing approximately 0.16% of the total voting rights.

 

 

Enquiries:

 

Adamas Finance Asia Limited

John Croft

+44 (0) 1825 830587

 

Nominated Adviser

W H Ireland Limited

Tim Feather

Liam Gribben

+44 (0) 113 394 6600

Broker

Edmond de Rothschild Securities (UK) Limited

 

+44 (0) 20 7845 5950

John Armstrong-Denby

Hiroshi Funaki

Public Relations Advisers

Ryan Communication (Hong Kong)

Scott McFarlane

 +852 6297 3801

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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