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Successful Funding of Investment Commitment

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RNS Number : 6321K
Adamas Finance Asia Limited
30 August 2019
 

30 August 2019

ADAMAS FINANCE ASIA LIMITED

"ADAM" or the "Company"

Successful Funding of Investment Commitment

 

Adamas Finance Asia Limited, the London quoted pan-Asian diversified investment vehicle, is pleased to announce that, further to its announcement on 15 July 2019, it has successfully funded the second tranche of its existing investment commitment to Infinity Capital Group Limited ("ICG").

The second tranche of the loan also represents a commitment of US$2m which is being equally funded by the Company and a Hong Kong based family office, and is provided on the same terms as announced on 15 July 2019.

 

Enquiries

 

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

 

 

 

Buchanan - Financial PR 

+44 (0) 20 7466 5000

 Charles Ryland 

Victoria Hayns 

Henry Wilson 

 

 

 

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 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 focused 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 [email protected] or visit www.rns.com.
 
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Quick facts: Adamas Finance Asia Limited

Price: 23.5

Market: AIM
Market Cap: £20.66 m
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