ADAM.L Regulatory News (ADAM)

19 August 2020

ADAMAS FINANCE ASIA LIMITED

("ADAM" or the "Company")

Appointment of Non-Executive Director 

Adamas Finance Asia Limited, the London quoted pan-Asian diversified investment vehicle focused on providing shareholders with attractive uncorrelated, risk adjusted long-term returns, is pleased to announce the appointment of John Batchelor as a Non-Executive Director of the Company with effect from 14 August 2020.

John Batchelor is Co-Lead of Asia and Head of the Corporate Finance & Restructuring segment in Asia at FTI Consulting and is based in Hong Kong. He has more than 18 years of experience in restructuring, corporate recovery and transaction advisory.

Prior to FTI Consulting, Mr. Batchelor was an executive director of Ferrier Hodgson. He began his career with Ferrier Hodgson in Melbourne in 1996 and he relocated to Hong Kong in 2004.

ADAM's Chairman, John Croft, commented:

"On behalf of the Board, we are delighted to welcome John Batchelor. John is representing ADAM's largest shareholder on the board which shows a greater engagement with our shareholders. He has extensive experience across the APAC region working with premier financial services companies."

A list of Mr. Batchelor 's current directorships together with those held within the last five years is set out below:

Current Directorships

Accufit Investments Inc.

Ace United International Limited

Allied Earn Development Limited

Allied Grace Asia Investment Limited

Ample Access Development Limited

ASCF (Cayman Islands) II Limited

ASCF L.P. (Mauritius) Company Limited

Behai Hi-Tech 北海恒基伟业科技发展有限公司

Best Grand Trading Company Limited

Best Known Group Limited

Carbovesta Resources International Limited

Champ Concord Limited

Champ Idea Limited

Champ Key Enterprises Limited

Charm Gear Limited

Charm Success International Holdings Limited

Cheer Trade Holdings Limited

China Construction Group Inc.

Chung Shing Finance (Holdings) Limited

Chung Shing Investment Pte Ltd.

Classic Deluxe Limited

Cornway Developments Limited

Deluxe Effort Limited

Earn Class Limited

Estate Dragon Development Limited

Ever Joy (HK) Investment Limited

Fancy Bonus Limited

Fancy Concord Limited

Fancy Dragon (Hong Kong) Limited

Fast Smart Enterprises Limited

Forever Well Asia Pacific Limited

Fortune Woods Global Investment Limited

FTI Capital Management (Cayman) Limited

FTI Consulting (Asia) Limited

FTI Consulting (Cayman) Limited

FTI Consulting (Hong Kong) Limited (HK)

FTI Consulting (Hong Kong) Services One Limited

FTI Consulting (Hong Kong) Services Two Limited

FTI Consulting (Singapore) Pte Ltd

FTI Consulting Capital Advisors (Hong Kong) Limited

FTI Consulting Directors (Cayman) Limited

FTI Consulting India Private Limited

FTI Consulting Management Limited

FTI Consulting Pte Ltd

FTI Director Services Limited

FTI Director Services Number 2 Limited

FTI Director Services Number 3 Limited

Full Winer Industrial Company Limited

Full Wise International Investment Limited

Fully Ace Development Limited

Fully Spread Investment Limited

Future Profit Holdings Limited

General Nice Africa Investment Holdings Limited

General Nice Coal Limited

General Nice Metal Limited

General Nice Properties Holdings Limited

General Nice Resources (Asia) Limited

General Nice Resources Limited

General Nice Resources Macao Commercial Offshore Limited

General Nice Shipping Limited

Genius Mark Group Limited

Global Mind Development Inc.

Globe Step Investment Limited

Grand Infinity Investment Limited

Grand Star (HK) Investment Limited

Greatway International Holdings Inc.

Guangzhou Graphic Arts Industrial Co Ltd (Formerly "Guangzhou Graphic Arts Printing Material Sales Co Ltd")

Honest Great Investment Inc.

Honour Asset Enterprises Limited

LD Thin S.R.L

LDK Silicon & Chemical Technology Co., Ltd

LDK Solar Europe Holding S.A.

LDK Solar Systems, Inc.

LDK Solar Tech USA, Inc.

LDK Solar USA Inc.

LM Energy Corporation Limited

Longmen Hui Cheng Investment (HK) Limited

Longmen Properties Limited

Mark Grand Limited

Money Smart International Investment Limited

Multiple Way Limited

Multiwell Limited

Mutual Star Investment Limited

New Nice Properties Limited

Niceview Properties Limited

North Metal Resources (Holdings) Limited

Ocean Sound Enterprises Limited

Passion Art International Holdings Limited

Pine Profit Investment Limited

Pioneer Wealth International Holdings Limited

Power Famous Limited

Prolific Choice Limited (US)

PT. FTI Consulting Indonesia

Red Dragon Corporate Limited

Rise Star Investment Limited

Rising Noble Limited

Sailing Properties Limited

SHL Leisure Management (HK) Limited

Sincere Holdings Limited

Smart Bond Holdings Investment Limited

Smart Fame Global Limited

Strong Team Limited

Sun Lead Development Limited

Sunny International Holdings Limited

Sunny Success International Investment Limited

Thompson Market Services Limited

Top Surplus Group Limited

Trident Microsystems (Beijing) Co., Ltd.

Trident Multimedia Technologies (Shanghai) Co., Ltd.

Trump Power International Investment Limited

Wealth Profit International Investment Limited

Well Honest (HK) Investment Limited

Welly Chase Limited

Winner Accord Limited

Winner Great Enterprises Limited

World System Capital Investment Limited

Yangjiang Fungyi Properties Limited

天津南新置业发展有限公司

天津天鹅湖房地产开发有限公司

太鼎系統科技股份有限公司

Previous Directorships

ASCF (Cayman Islands) Limited

China System International Group Limited

Mongolian Coal Corporation Limited

Primetime World Limited

Rabco Investments Limited

Rossoneri Sport Investment Co. Ltd.

Mr. Batchelor was director of the following FTI Consulting, Inc group companies that were dissolved in the past five years as part of organisational restructures:

FS Agency Services Limited

FTI Consulting (BVI) Limited

FTI Consulting International Limited

FTI Consulting Management Services Limited

FTI Consulting Philips (BVI) Limited

FTI Consulting Shanghai (BVI) Limited

Full Success Finance Limited

Powermax Corporation Limited

Sun Loyal Investment Limited

Think Big Limited

Mr. Batchelor was appointed director of the following companies in relation to his appointment as liquidator or receiver of these companies' parent companies and these companies were subsequently dissolved:

Affirmed Electronics Pte Limited

Akai Enterprises Limited

Brighton Marketing Limited

Café Al Fresco Pte Limited

Capetronic Display Devices Holdings Limited

Capetronic Far Eastern Holdings Limited

Capetronic Group Pte Limited

Capetronic Multimedia Development Pte Limited

Capetronic Technology Limited

Devon Technical Services Limited

Dexken Limited

East Coast Works Pte Limited

Eastwood Industries Limited

Emerson Radio Corp

E-Zone (Balestier) Pte Limited

E-Zone (Liat Towers) Pte Limited

E-Zone Engineering Pte Limited

E-Zone Group Holdings Limited

E-Zone Management Pte Ltd

Global Licensing Services Pte Limited

Grande N.A.K.S. Ltd

Grande Naks Pte Limited

Hi-Tech International Limited

Hi-Tech Precision Products Limited

Hi-Tech Precision Products Ltd

Hi-Tech Precision Services Limited

Hong Kong Aberdeen Seafood Restaurant Pte Limited

Hongkew Holdings Limited

Innovative Captial Ltd

Lafe Holdings Limited

Lithea Inc.

Mill Set Limited

N.A.K.S. International Ltd

Nakamichi Corporation Limited

Nakamichi Enterprises Limited

Nakamichi Research (S) Pte Limited

Nakamichi Vision 21 Limited

Phenomenon Agents Limited

Polycrown Company Limited

S&T International Distribution Limited

Sansui Acoustics Research Corporation

Sansui Electric Co., Ltd.

Sansui Enterprises Limited

Sansui Hong Kong Limited

Sincere Holdings Limited

Sound Fair Electronics Company Limited

Sound View International Limited

Super Brand Global Limited

The Alpha Capital Limited

The Alpha Capital Services Ltd

The Grande (Nominees) Limited

The Grande (Secretaries) Service Limited

The Grande Capital Group Limited

The Grande Explorer Ltd

The Grande Group Limited

The Grande Restaurants Limited

Tomei (S) Pte Limited

Tomei Industrial (Holdings) Limited

Tomei International (B.V.I.) Limited

Tomei Kawa Electronics International Limited

Tomei Technologies Ltd

Trident Microelectronics, Ltd.

Trident Microsystems (Taiwan) Ltd.

Twd Industrial Company Limited

TWD International Limited

Twd International Ltd.

Unijoy Limited

Mr. John Howard Batchelor (aged 45) does not own any shares in the Company and has confirmed that there is no further information to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules.

For further information, please visit the Company's website at http://adamasfinance.com and follow the Company on Twitter (@AdamasFinance).

FOR FURTHER INFORMATION, PLEASE CONTACT:

About Adamas Finance Asia

Adamas Finance Asia Limited (ADAM) is quoted on the AIM Market of the London Stock Exchange and is committed to providing shareholders with attractive uncorrelated, risk adjusted long-term returns from a combination of realising sustainable capital growth and delivering dividend income.

The Company is focused on providing growth capital and financing to emerging and established Small and Medium Enterprises (SME) sector throughout Asia, well diversified by national geographies, instruments and asset classes. This vital segment of the economy is underserved by the traditional banking industry for regulatory and structural reasons.

The Company's investment manager, Harmony Capital, seeks to capitalise on its team's established investment expertise and broad networks across Asia. Through rigorous diligence and disciplined risk management, Harmony Capital is dedicated to delivering attractive income and capital growth for shareholders with significant downside protection through selectively investing in assets and proactively managing them.

Harmony Capital is predominately sourcing private opportunities and continues to create a strong pipeline of attractive income generating assets from potential investments in growth sectors across Asia, including healthcare, fintech, hospitality, IT and property.