Source - RNS
RNS Number : 7251M
Adamas Finance Asia Limited
17 October 2016
 

ADAMAS FINANCE ASIA LIMITED

(ADAM or the "Company")

Director/PDMR Shareholding

 

 

The Company was notified on 17 October 2016 that Barry Lau, Managing Partner of the Company's investment manager, Adamas Asset Management (HK) Limited, had acquired 20,000 ordinary shares of no par value each in ADAM on the dates detailed below:

 

Date

Purchase price (US$)

No. of shares acquired

 

 

 

12 October 2016

0.510

20,000

 

Following these transactions, Mr. Lau is interested in 285,000 ordinary shares, representing 0.15% of the Company's issued share capital.

 

The attached notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 Barry Lau

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Managing Partner of the Company's investment manager, 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

 

 

-

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

 

VGG008271162

 

 

b)

 

Nature of the transaction

 

 

Acquisition of shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

0.510

20,000

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

20,000

 

 

US$10,200

 

e)

 

Date(s) of the transaction

 

 

12 October 2016

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM

Enquiries:

Adamas Finance Asia Limited

 

John Croft, Non-Executive Chairman

+44 (0) 1825 830 587

 

 

Nominated Adviser:

 

WH Ireland Limited

+44 (0) 113 394 6600

Tim Feather

 

Ed Allsopp

 

 

 

Broker:

 

finnCap Limited

+44 (0) 20 7220 0500

William Marle

 

Grant Bergman

 

 

 

 

 

Public Relations Advisers:

 

First City Public Relations (Hong Kong)

+852 2854 2666

Allan Piper

 

 


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