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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 : 5204L
Adamas Finance Asia Limited
13 January 2021
13(th) January 2021
ADAMAS FINANCE ASIA LIMITED
(" ADAM " or the " Company ")
Confirmation of Change of Company Name
Adamas Finance Asia Limited (AIM: ADAM), the London quoted company focused on providing shareholders with attractive uncorrelated, risk adjusted returns from a diversified portfolio of pan-Asian investments , is pleased to advise that the Company has changed its name to "Jade Road Investments Limited" .
The Company's portfolio has undergone a transformation over the last few years and is seeking to establish an identity which more fully represents its pan-Asian small and medium-sized enterprise focus. Furthermore, the Board feels that this is an appropriate time for the Company's name to reflect its Asian heritage while also acknowledging the wider investment scope which was adopted for its portfolio construction since May 2017. The Company's new name reflects the spirit of connecting investors and capital from the West, across the Middle East and into the markets of the Far East.
The Company anticipates that all trading platforms and news services will register the new name, Jade Road Investments Limited, with the Ticker: JADE.LN, ISIN of the Ordinary Shares: VGG4S09E1053 and SEDOL Code: BF0GL09 on 18 January 2021.
Shareholders should note that their shareholdings will be unaffected by the change of name and existing share certificates should be retained as they will remain valid for all purposes and no new share certificates will be issued.
In order to reflect the Company's new name, the Company's website will be changed to www.jaderoadinvestments.com with effect from 00:01 on 18 January 2021.
John Croft, Chairman of Adamas Finance Asia Limited, commented:
'We are very pleased with the rebranding of the Company to Jade Road. The new name reflects our values . Jade is the symbol of Balance and Strength, it is also known to Protect and bring Harmony. Our commitment to our shareholders remains a main priority and we look forward to a productive and successful future under Jade Road.'
FOR FURTHER INFORMATION, PLEASE CONTACT:
Adamas Finance Asia Limited +44 (0) 778 531 5588 John Croft --------------------- WH Ireland Limited - Nominated Adviser +44 (0) 20 7220 1666 --------------------- James Joyce --------------------- James Sinclair-Ford --------------------- Hybridan LLP - Corporate Broker +44 (0) 20 3764 2341 --------------------- Claire Louise Noyce ---------------------
About Adamas Finance Asia
Adamas Finance Asia (ADAM) is quoted on the AIM Market of the London Stock Exchange and is committed to providing shareholders with attractive uncorrelated, risk-adjusted long-term returns from a combination of realising sustainable capital growth and delivering dividend income.
The Company is focused on providing growth capital and financing to emerging and established Small and Medium Enterprises (SME) sector throughout Asia, well diversified by national geographies, instruments and asset classes. This vital segment of the economy is underserved by the traditional banking industry for regulatory and structural reasons.
The Company's investment manager, Harmony Capital, seeks to capitalise on its team's established investment expertise and broad networks across Asia. Through rigorous diligence and disciplined risk management, Harmony Capital is dedicated to delivering attractive income and capital growth for shareholders with significant downside protection through selectively investing in assets and proactively managing them.
Harmony Capital is predominately sourcing private opportunities and continues to create a strong pipeline of attractive 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 rns@lseg.com or visit www.rns.com.
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January 13, 2021 02:00 ET (07:00 GMT)
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