Source - LSE Regulatory
RNS Number : 7171W
Africa Opportunity Fund Limited
14 December 2023
 

14 December 2023

Africa Opportunity Fund Limited ("the Company")

Director/PDMR dealing

 

The Company announces that Robert Knapp, Director, has purchased 3,000,000 ordinary shares in the Company ("Ordinary Shares") at a price of US$0.51 per Ordinary Share.  As a result, Robert Knapp is interested in 4,851,485 Ordinary Shares.

The Company also announces that Africa Opportunity Cayman Limited, a Person Closely Associated with Robert Knapp, also purchased 1,387,375 Ordinary Shares in the Company at a price of US$0.51 per Ordinary Share.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Robert Knapp

2.

Reason for the notification

(a)

Position/status

Director

(b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Africa Opportunity Fund Limited

(b)

LEI

213800R1UVN1T8YXS179

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

Ordinary shares of US$0.01 each

(b)

Identification code of the Financial Instrument

KYG012981535

(c)

Nature of the transaction

Purchase of shares

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



US$0.51

3,000,000




(e)

Aggregated information

-             Aggregated volume

-             Price

N/A

(f)

Date of the transaction

6 December 2023

(g)

Place of the transaction

London Stock Exchange

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Africa Opportunity Cayman Limited

2.

Reason for the notification

(a)

Position/status

PCA to a PDMR

(b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Africa Opportunity Fund Limited

(b)

LEI

213800R1UVN1T8YXS179

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

Ordinary shares of US$0.01 each

(b)

Identification code of the Financial Instrument

KYG012981535

(c)

Nature of the transaction

Purchase of shares

(d)

Price(s) and volume(s)

Price(s)

Volume(s)



US$0.51

1,387,375




(e)

Aggregated information

-             Aggregated volume

-             Price

[N/A]

(f)

Date of the transaction

6 December 2023

(g)

Place of the transaction

London Stock Exchange

 

 

For further information please contact:

Africa Opportunity Fund Limited

Francis Daniels

Tel: +2711 684 1528

 

Liberum (Corporate Broker)

Darren Vickers / Owen Matthews

Tel: +44 20 3100 2000

 

About Africa Opportunity Fund Limited:

Africa Opportunity Fund Limited ("AOF") is a closed-end investment company incorporated in the Cayman Islands and traded on the Specialist Fund Segment of the London Stock Exchange. For more information about AOF, see www.africaopportunityfund.com.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHDBBDDXXBDGXX
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Africa Opportunity Fund Limited (AOF)

$0 (0.00%)
delayed 06:51AM