Adamas Finance Asia Limited Result of General Meeting (3108U)
July 11 2018 - 5:38AM
UK Regulatory
TIDMADAM
RNS Number : 3108U
Adamas Finance Asia Limited
11 July 2018
ADAMAS FINANCE ASIA LIMITED
RESULT OF GENERAL MEETING
APPROVAL OF DISPOSAL OF GLOBAL PHARM INTEREST
Further to the announcement on 15 June 2018 in relation to the
proposed disposal of the interest in Global Pharm, the Company is
pleased to announce that the resolutions proposed at the General
Meeting held earlier today were duly passed and that the Disposal
has thereby been approved.
Completion of the Disposal and the associated issue of
17,746,479 new Ordinary Shares at a price of US$0.71 per share to
Fortune Insight Limited will take place in due course.
A further announcement will be made when appropriate.
Capitalised terms used in this announcement have the meaning
given to them in the announcement of 15 June 2018.
Enquiries:
Adamas Finance Asia Limited
John Croft +44 (0)1825 830587
Nominated Adviser
WH Ireland Limited
Tim Feather
James Sinclair-Ford +44 (0) 113 394 6600
Broker
Shard Capital Partners LLP
Philip Pooley +44 (0) 20 7186 9967
Public Relations Advisers
Buchanan
Charles Ryland
Henry Wilson +44 (0) 20 7466 5000
About Adamas Finance Asia ("ADAM")
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 aims to
provide uncorrelated returns through a combination of capital
growth and dividend income from a broad spectrum of national
geographies and asset classes.
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END
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