TIDMADAM

RNS Number : 0624K

Adamas Finance Asia Limited

16 September 2016

ADAMAS FINANCE ASIA LIMITED

(ADAM or the "Company")

Director/PDMR Shareholding

The Company was notified on 15 September 2016 that Barry Lau, Managing Partner of the Company's investment manager, Adamas Asset Management (HK) Limited, had on that day acquired 50,000 ordinary shares of no par value each in ADAM at a price of 0.4503 cents per share.

Following this acquisition, Mr. Lau is interested in 50,000 ordinary shares, representing 0.026% 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       Initial notification 
       /Amendment 
---  -------------------------  ---------------------------------- 
 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             Ordinary shares of no par 
       the financial              value in Adamas Finance Asia 
       instrument, type           Limited 
       of instrument 
                                  VGG008271162 
       Identification 
       code 
---  -------------------------  ---------------------------------- 
 b)   Nature of the              Acquisition of shares 
       transaction 
---  -------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)       Price(s)        Volume(s) 
                                   --------------  ---------- 
                                    0.4503 cents    50,000 
                                   --------------  ---------- 
---  -------------------------  ---------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume 
                                   50,000 
 
       - Price 
                                   US$22,515 
---  -------------------------  ---------------------------------- 
 e)   Date of the transaction    15 September 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 
Liam Gribben 
 
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

DSHKQLBFQKFFBBF

(END) Dow Jones Newswires

September 16, 2016 05:13 ET (09:13 GMT)

Jade Road Investments (LSE:JADE)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Jade Road Investments Charts.
Jade Road Investments (LSE:JADE)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Jade Road Investments Charts.