Adamas Finance Asia Limited Issue of Equity (4716I)

TIDMADAM

RNS Number : 4716I

Adamas Finance Asia Limited

30 May 2014

ADAMAS FINANCE ASIA LIMITED

ISSUE OF EQUITY

Adamas Finance Asia Limited announces that it has received exercise notices in respect of warrants to subscribe for 6,000 new ordinary shares of no par value each ("New Ordinary Shares") at a price of US$0.06 each. The Directors have therefore issued and allotted 6,000 New Ordinary Shares, subject only to their admission to trading on AIM.

Application has been made for Admission, which is expected to take place on 5 June 2014.

Following the issue of the New Ordinary Shares, there will be 1,697,402,170 ordinary shares of no par value in issue.

Enquiries:

 
 Adamas Finance Asia Limited 
 John Croft             +44 (0) 1825 830587 
 
 Nominated Adviser 
 W H Ireland Limited 
 Tim Feather           +44 (0) 113 394 6611 
 
 Public Relations Advisers 
 First City Public Relations (Hong Kong) 
 Allan Piper                 +852 2854 2666 
 
 Tavistock Communications (London) 
 Simon Hudson          +44 (0) 20 7920 3170

This information is provided by RNS

The company news service from the London Stock Exchange

END

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