24 Sep 2019 15:54
ADAMAS FINANCE ASIA LIMITED
(the "Company" or "ADAM")
Holdings in Company
Adamas Finance Asia Limited (AIM: ADAM), the London quoted pan-Asian diversified investment vehicle, announces it has today received notice that on 2nd August 2019 'Cachet Multi Strategy Fund SPC - Cachet Deep Value Fund SP' ("Cachet") purchased 3,300,000 ordinary shares in ADAM at a price of £0.36 per ordinary share, representing 3.8% of the Company's issued share capital.
Prior to this transaction, Cachet held no shares in the Company and therefore Cachet's total shareholding is 3,300,000 representing 3.8% of the Company's issued share capital.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Adamas Finance Asia Limited | +44 (0) 1825 830587 | |
John Croft | ||
WH Ireland Limited - Nominated Adviser |
+44 (0) 20 7220 1666 | |
James Joyce James Sinclair Ford | ||
| ||
VSA Capital Limited - Joint Corporate Broker | +44 (0) 20 3005 5000 | |
Andrew Monk Andrew Raca | ||
Pello Capital Limited - Joint Corporate Broker | +44 (0) 20 3700 2500 | |
Tim Sohal | ||
Maitland/AMO - Communications Advisor | +44 (0) 20 7379 5151 | |
James Benjamin | ||
Peter Hamid | ||
The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014
About Adamas Finance Asia
ADAM is a London quoted investment company focusing on delivering long-term income and capital growth to shareholders through a diverse portfolio of pan-Asian investments. It is committed to providing for investors attractive uncorrelated returns through a combination of capital growth and dividend income well diversified by national geographies and asset classes from the Asian Small and Medium Enterprise (SME) sector.
The Company's investment manager, Harmony Capital, which has a dedicated team with established expertise and broad networks across Asia, is focussed on the strategy of creating income and capital growth for shareholders. Harmony Capital is sourcing predominately private opportunities and continues to create a strong pipeline of income generating assets from potential investments in growth sectors across Asia including healthcare, fintech, hospitality, IT and property.