26th Apr 2018 13:57
ADAMAS FINANCE ASIA LIMITED
("ADAM" or the "Company")
RESULT OF GENERAL MEETING
Further to the announcement on 5 April 2018 of the proposed disposal of the Sale Portfolio, the Company is pleased to announce that the Resolution was duly passed by Shareholders at the General Meeting held earlier today and that the disposal has thereby been approved.
Completion of the disposal of the Sale Portfolio remains conditional upon completion of the Restructuring, which the Directors understand is on going. A further announcement will be made when the Company has been informed of a completion date for that exercise.
Capitalised terms used in this announcement have the meaning given to them in the announcement of 5 April 2018.
Enquiries:
Adamas Finance Asia Limited John Croft |
+44 (0)1825 830587 |
Nominated Adviser |
|
WH Ireland Limited Tim Feather James Sinclair-Ford | +44 (0) 113 394 6600 |
Broker |
|
finnCap Limited William Marle Grant Bergman
|
+44 (0) 20 7220 0500 |
Public Relations Advisers |
|
Buchanan Charles Ryland Henry Wilson | +44 (0) 20 7466 5000 |
About Adamas Finance Asia ("ADAM")
ADAM is a London quoted investment company focusing on delivering long-term income and capital growth to shareholders through a diverse portfolio of pan-Asian investments. It aims to provide uncorrelated returns through a combination of capital growth and dividend income from a broad spectrum of national geographies and asset classes.
Related Shares:
ADAM.L