2nd Feb 2018 08:24
ADAMAS FINANCE ASIA LIMITED
("ADAM" or the "Company")
Director/PDMR Shareholding
The Company was notified on 1 February 2018 that Barry Lau, Managing Partner of Adamas Asset Management (HK) Limited (which is associated with the Company's investment manager, Harmony Capital Investors Limited), acquired 30,000 ordinary shares of no par value each in ADAM on 31 January 2018 at a price of US$0.76 per share.
As a result, Mr. Lau is interested in 289,608 ordinary shares, representing 0.377% of the Company's issued share capital.
The attached notification, gives further detail made in accordance with the requirements of the EU Market Abuse Regulation.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Barry Lau | ||||
2
| Reason for the notification
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a)
| Position/status
| Managing Partner of Adamas Asset Management (HK) Limited | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Adamas Finance Asia Limited | ||||
b)
| LEI
| 2138005R4IVX4O3IQ543 | ||||
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, type of instrument
Identification code
| Ordinary shares of no par value in Adamas Finance Asia Limited
VGG008271246
| ||||
b)
| Nature of the transaction
| Acquisition of shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
30,000
USD 22,800
| ||||
e) | Date(s) of the transaction
| 31 January 2018 | ||||
f) | Place of the transaction | Off market | ||||
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Enquiries:
Adamas Finance Asia Limited | |
John Croft
| +44 (0) 1825 830587 |
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WH Ireland Limited - Nominated Adviser | |
Tim Feather James Sinclair-Ford
| +44 (0) 113 394 6600
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finnCap Limited - Broker |
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William Marle Grant Bergman
| +44 (0) 20 7220 0500 |
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Buchanan - Financial PR Charles Ryland Victoria Hayns Henry Wilson |
+44 (0) 20 7466 5000 |
Related Shares:
ADAM.L