viewAdamas Finance Asia Limited

Adamas Fin Asia Ltd - Holding(s) in Company

RNS Number : 5151N
Adamas Finance Asia Limited
24 September 2019


(the "Company" or "ADAM")

Holdings in Company

Adamas Finance Asia Limited (AIM: ADAM), the London quoted pan-Asian diversified investment vehicle, announces it has today received notice that on 2nd August 2019 'Cachet Multi Strategy Fund SPC - Cachet Deep Value Fund SP' ("Cachet") purchased 3,300,000 ordinary shares in ADAM at a price of £0.36 per ordinary share, representing 3.8% of the Company's issued share capital.


Prior to this transaction, Cachet held no shares in the Company and therefore Cachet's total shareholding is 3,300,000 representing 3.8% of the Company's issued share capital.



Adamas Finance Asia Limited

+44 (0) 1825 830587

John Croft


WH Ireland Limited - Nominated Adviser


+44 (0) 20 7220 1666

James Joyce

James Sinclair Ford

VSA Capital Limited - Joint Corporate Broker 

+44 (0) 20 3005 5000

Andrew Monk

Andrew Raca

Pello Capital Limited - Joint Corporate Broker

+44 (0) 20 3700 2500

Tim Sohal

Maitland/AMO - Communications Advisor

+44 (0) 20 7379 5151

James Benjamin

Peter Hamid


The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014


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 is committed to providing for investors attractive uncorrelated returns through a combination of capital growth and dividend income well diversified by 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 established expertise and broad networks across Asia, is focussed on the strategy of creating income and capital growth for shareholders. Harmony Capital is sourcing predominately private opportunities and continues to create a strong pipeline of income generating assets from potential investments in growth sectors across Asia including healthcare, fintech, hospitality, IT and property.

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 [email protected] or visit www.rns.com.

Quick facts: Adamas Finance Asia Limited

Price: 24.5

Market: AIM
Market Cap: £25.17 m

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...


Adamas Finance Asia reveals 'exciting' updates on two portfolio companies in...

Suresh Withana from Harmony Capital Investors, the adviser to Adamas Finance Asia Limited (LON:ADAM) gives Proactive an update on two of its portfolio companies. Withana says wind turbine design and wind turbine blade manufacturing company Meize Energy Industries Holdings in China has opened a...

on 17/8/20