Adamas Finance Asia Limited Director/PDMR Shareholding (1945E)

TIDMADAM

RNS Number : 1945E

Adamas Finance Asia Limited

16 October 2018

ADAMAS FINANCE ASIA LIMITED

("ADAM" or the "Company")

Director/PDMR Shareholding

The Company was notified on 15 October 2018 that Barry Lau, Managing Partner of Adamas Asset Management (HK) Limited (which is associated with the Company's investment manager, Harmony Capital Investors Limited), acquired 57,600 ordinary shares of no par value each in ADAM on 15 October2018 at a price of US$0.605 per share.

As a result, Mr. Lau is interested in 460,568 ordinary shares, representing c. 0.57% of the Company's issued share capital.

The attached notification gives further detail made in accordance with the requirements of the EU Market Abuse Regulation.

 
  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 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                                                      2138005R4IVX4O3IQ543 
      -------------------------------------------------------  ------------------------------------------------------- 
  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         Ordinary shares of no par value in Adamas Finance 
        instrument                                               Asia Limited 
 
        Identification code                                      VGG008271246 
      -------------------------------------------------------  ------------------------------------------------------- 
  b)    Nature of the transaction                                Acquisition of shares 
      -------------------------------------------------------  ------------------------------------------------------- 
  c)    Price(s) and volume(s)                                      Price(s)      Volume(s) 
                                                                      0.605 USD     57,600 
                                                                                 ----------- 
      -------------------------------------------------------  ------------------------------------------------------- 
  d)    Aggregated information 
 
         - Aggregated volume 
                                                                   57,600 
         - Price 
                                                                   0.605 USD 
      -------------------------------------------------------  ------------------------------------------------------- 
  e)    Date(s) of the transaction                               15 October 2018 
      -------------------------------------------------------  ------------------------------------------------------- 
  f)    Place of the transaction                                 Off market

Enquiries:

 
Adamas Finance Asia Limited 
John Croft                               +44 (0) 1825 830587 
 
 
WH Ireland Limited - Nominated Adviser 
Tim Feather 
 James Sinclair-Ford                    +44 (0) 113 394 6600 
 
 
Shard Capital Partners LLP - Broker 
Philip Pooley                           +44 (0) 20 7220 0500 
 
 
Buchanan - Financial PR 
 Charles Ryland 
 Henry Wilson                           +44 (0) 20 7186 9967

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.

END

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October 16, 2018 05:34 ET (09:34 GMT)

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