Adamas Finance Asia Limited Director/PDMR Shareholding (8397N)
31 October 2016 - 7:05PM
UK Regulatory
TIDMADAM
RNS Number : 8397N
Adamas Finance Asia Limited
31 October 2016
ADAMAS FINANCE ASIA LIMITED
(ADAM or the "Company")
Director/PDMR Shareholding
The Company was notified on 31 October 2016 that Barry Lau,
Managing Partner of the Company's investment manager, Adamas Asset
Management (HK) Limited, had acquired 35,000 ordinary shares of no
par value each in ADAM on the dates detailed below:
Date Purchase price No. of shares
(US$) acquired
26 October 2016 0.530 15,000
27 October 2016 0.535 10,000
Following these transactions, Mr Lau is interested in 365,000
ordinary shares, representing 0.19% 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)
--------- ----------
0.530 15,000
0.535 10,000
--------- ----------
--- ------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume
35,000
- Price
US$13,300
--- ------------------------- ----------------------------------
e) Date(s) of the 26 and 27 October 2016
transaction
--- ------------------------- ----------------------------------
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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