Adamas Finance Asia Limited Result of General Meeting (3108U)

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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