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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Adamas Finance Asia Limited | LSE:ADAM | London | Ordinary Share | VGG008271246 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 24.50 | 23.00 | 26.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMADAM
RNS Number : 3108U
Adamas Finance Asia Limited
11 July 2018
ADAMAS FINANCE ASIA LIMITED
RESULT OF GENERAL MEETING
APPROVAL OF DISPOSAL OF GLOBAL PHARM INTEREST
Further to the announcement on 15 June 2018 in relation to the proposed disposal of the interest in Global Pharm, the Company is pleased to announce that the resolutions proposed at the General Meeting held earlier today were duly passed and that the Disposal has thereby been approved.
Completion of the Disposal and the associated issue of 17,746,479 new Ordinary Shares at a price of US$0.71 per share to Fortune Insight Limited will take place in due course.
A further announcement will be made when appropriate.
Capitalised terms used in this announcement have the meaning given to them in the announcement of 15 June 2018.
Enquiries:
Adamas Finance Asia Limited John Croft +44 (0)1825 830587 Nominated Adviser WH Ireland Limited Tim Feather James Sinclair-Ford +44 (0) 113 394 6600 Broker Shard Capital Partners LLP Philip Pooley +44 (0) 20 7186 9967 Public Relations Advisers Buchanan Charles Ryland Henry Wilson +44 (0) 20 7466 5000
About Adamas Finance Asia ("ADAM")
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.
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.
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(END) Dow Jones Newswires
July 11, 2018 05:38 ET (09:38 GMT)
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