12 Oct 2016 08:35
ADAMAS FINANCE ASIA LIMITED
(ADAM or the "Company")
Director/PDMR Shareholding
The Company was notified on 12 October 2016 that Barry Lau, Managing Partner of the Company's investment manager, Adamas Asset Management (HK) Limited, had acquired 50,000 ordinary shares of no par value each in ADAM on the dates detailed below:
Date | Purchase price (US$) | No. of shares acquired |
|
|
|
7 October 2016 | 0.495 | 30,000 |
11 October 2016 | 0.510 | 20,000 |
Following these transactions, Mr. Lau is interested in 265,000 ordinary shares, representing 0.14% 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)
|
| ||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
50,000
US$25,050
| ||||||
e)
| Date(s) of the transaction
| 7 October 2016 and 11 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 |
|