Aseana Properties Limited Director/PDMR Shareholding (8430T)

TIDMASPL

RNS Number : 8430T

Aseana Properties Limited

10 January 2017

Aseana Properties Limited

("Aseana" or the "Company")

Director/PDMR Shareholding

Aseana Properties Limited (LSE: ASPL), a property developer in Malaysia and Vietnam listed on the Main Market of the London Stock Exchange, announces that two Directors of the Company have participated in the tender offer announced on 13 December 2016 ("Tender Offer") as follows:

 
     Director                   Total number of               Number of         Total number of          Percentage of 
                                ordinary shares         ordinary shares         ordinary shares          the Company's 
                              held prior to the            accepted for          held following           issued share 
                                   Tender Offer                  tender        the Tender Offer                capital 
                                                                                                         following the 
                                                                                                          Tender Offer 
     Gerald Ong Chong 
      Keng                            2,250,000                 141,533               2,108,467                  1.06% 
     David Harris                       165,000                  12,473                 152,527                  0.08% 
 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

For further information:

 
     Aseana Properties Limited                   Tel: [phone] 
     Chan Chee Kian                              Email: [e-mail] 
 
     N+1 Singer                                  Tel: [phone] 
     James Maxwell / Liz Yong (Corporate 
     Finance) 
     Sam Greatrex (Sales) 
 
     Tavistock                                   Tel: [phone] 
     Jeremy Carey / James Verstringhe            Email: [e-mail] 
 
 
 

Notes to Editors:

London-listed Aseana Properties Limited (LSE: ASPL) is a property developer investing in Malaysia and Vietnam.

Ireka Development Management Sdn Bhd ("IDM") is the exclusive Development Manager for Aseana. It is a wholly-owned subsidiary of Ireka Corporation Berhad, a company listed on the Bursa Malaysia since 1993, which has over 49 years of experience in construction and property development. IDM is responsible for the day-to-day management of Aseana's property portfolio.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
     1        Details of the person discharging managerial 
               responsibilities / person closely associated 
-------  --------------------------------------------------------------------- 
     a)       Name                           Gerald Ong Chong Keng 
-------  -----------------------------  -------------------------------------- 
     2        Reason for the notification 
-------  --------------------------------------------------------------------- 
     a)       Position/status                Director/ PDMR 
-------  -----------------------------  -------------------------------------- 
     b)       Initial notification           Initial notification 
               /Amendment 
-------  -----------------------------  -------------------------------------- 
     3        Details of the issuer, emission allowance market 
               participant, auction platform, auctioneer or 
               auction monitor 
-------  --------------------------------------------------------------------- 
     a)       Name                           Aseana Properties Limited 
-------  -----------------------------  -------------------------------------- 
     b)       LEI                            TBC 
-------  -----------------------------  -------------------------------------- 
     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                   Ordinary shares of USD0.05 each 
               instrument, type 
               of instrument                   JE00B1RZDJ41 
 
               Identification 
               code 
-------  -----------------------------  -------------------------------------- 
     b)       Nature of the                  Participation in tender offer 
               transaction 
-------  -----------------------------  -------------------------------------- 
     c)       Price(s) and volume(s)               Price(s)        Volume(s) 
                                               --------------  -------------- 
                                                    USD0.75         141,533 
                                               --------------  -------------- 
-------  -----------------------------  -------------------------------------- 
     d)       Aggregated information 
               - Aggregated volume 
                                               Not applicable 
               - Price 
-------  -----------------------------  -------------------------------------- 
     e)       Date of the transaction        6 January 2017 
-------  -----------------------------  -------------------------------------- 
     f)       Place of the transaction       XLON 
-------  -----------------------------  -------------------------------------- 
 
 
     1        Details of the person discharging managerial 
               responsibilities / person closely associated 
-------  --------------------------------------------------------------------- 
     a)       Name                           David Harris 
-------  -----------------------------  -------------------------------------- 
     2        Reason for the notification 
-------  --------------------------------------------------------------------- 
     a)       Position/status                Director/ PDMR 
-------  -----------------------------  -------------------------------------- 
     b)       Initial notification           Initial notification 
               /Amendment 
-------  -----------------------------  -------------------------------------- 
     3        Details of the issuer, emission allowance market 
               participant, auction platform, auctioneer or 
               auction monitor 
-------  --------------------------------------------------------------------- 
     a)       Name                           Aseana Properties Limited 
-------  -----------------------------  -------------------------------------- 
     b)       LEI                            TBC 
-------  -----------------------------  -------------------------------------- 
     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                   Ordinary shares of USD0.05 each 
               instrument, type 
               of instrument                   JE00B1RZDJ41 
 
               Identification 
               code 
-------  -----------------------------  -------------------------------------- 
     b)       Nature of the                  Participation in tender offer 
               transaction 
-------  -----------------------------  -------------------------------------- 
     c)       Price(s) and volume(s)               Price(s)        Volume(s) 
                                               --------------  -------------- 
                                                    USD0.75         12,473 
                                               --------------  -------------- 
-------  -----------------------------  -------------------------------------- 
     d)       Aggregated information 
               - Aggregated volume 
                                               Not applicable 
               - Price 
-------  -----------------------------  -------------------------------------- 
     e)       Date of the transaction        6 January 2017 
-------  -----------------------------  -------------------------------------- 
     f)       Place of the transaction       XLON 
-------  -----------------------------  -------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 10, 2017 12:51 ET (17:51 GMT)