Adamas Finance Asia Limited Share Buyback (0328S)
March 06 2019 - 5:20AM
UK Regulatory
TIDMADAM
RNS Number : 0328S
Adamas Finance Asia Limited
06 March 2019
06 March 2019
ADAMAS FINANCE ASIA LIMITED
("ADAM" or the "Company")
Share Buyback
Adamas Finance Asia Limited, the London quoted pan-Asian
diversified investment vehicle, is pleased to announce it has
purchased 50,000 ordinary shares of no par value in the capital of
the Company for an aggregate purchase price of US$21,000 (the
"Shares") (being a price of US$0.42 per ordinary share). The Shares
will be held in treasury.
Following the purchase of the Shares, the Company's total share
capital is 88,733,069 ordinary shares, of which 87,906,265 ordinary
shares have voting rights and 826,804 ordinary shares are held in
treasury. The figure of 87,906,265 ordinary shares may be used by
shareholders in the Company as the denominator for the calculations
by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of
the Company under the FCA's Disclosure and Transparency Rules.
Enquiries:
Adamas Finance Asia Limited
John Croft +44 (0) 1825 830 587
WH Ireland Limited - Nominated Adviser
James Joyce
James Sinclair Ford +44 (0) 20 7220 1666
VSA Capital Limited - Corporate
Broker
Andrew Monk +44 (0) 20 3005 5000
Andrew Raca
Buchanan - Financial PR
Charles Ryland
Victoria Hayns
Henry Wilson +44 (0) 20 7466 5000
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 aims to
provide uncorrelated returns through a combination of capital
growth and dividend income from a broad spectrum of 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 real Asian expertise, is focussed on the
strategy of creating income and capital growth. Harmony is sourcing
predominately private opportunities and has created a strong
pipeline of income generating assets from potential investments in
industries such as healthcare, fintech, hospitality, IT and
property across Asia.
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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