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SHWE Asia Strategic Holdings Limited

9.50
0.00 (0.00%)
22 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Asia Strategic Holdings Limited LSE:SHWE London Ordinary Share SG9999015747 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% 9.50 7.00 12.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Myanmar Strategic Holdings Ltd Grant of Options (3909E)

17/10/2018 4:12pm

UK Regulatory


Asia Strategic (LSE:SHWE)
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TIDMSHWE

RNS Number : 3909E

Myanmar Strategic Holdings Ltd

17 October 2018

17 October 2018

Myanmar Strategic Holdings Ltd.

("MSH" or the "Company" or the "Group)

Grant of Options

Myanmar Strategic Holdings Ltd. (LSE: SHWE), the independent developer and manager of consumer businesses located in Myanmar, one of the fastest growing economies in the world, announces that on 17 October 2018 the Company granted options over a total of 72,000 ordinary shares of no par value to employees of the Group under the Company's existing share option plan. A total of 41,000 of the share options (representing 1.7% of the Company's issued share capital) were granted to certain directors and PDMRs of the Company as follows:

 
 Director / PDMR                    Options granted 
 Enrico Cesenni, Chief Executive 
  Officer                           6,000 
 Dennis Yeo Ting Teck, Chief 
  Financial Officer                 10,000 
 U Aung Myo Thein, Partner          15,000 
 Jonathan Geoffrey Kolb, Partner    10,000 
 

All options are exercisable at a price of US$11 in accordance with the conditions of the share option plan.

Including this grant, total options granted to date (net of any options lapsed) amount to 150,000.

Further information is set out in the PDMR disclosure tables below.

For more information please visit www.ms-holdings.com or contact:

 
 Myanmar Strategic Holdings Ltd. 
  Enrico Cesenni, Founder and          enrico@ms-holdings.com 
  CEO 
 Allenby Capital Limited (Broker) 
  Nick Athanas 
  Nick Naylor 
  Nicholas Chambers                  +44 (0)20 3328 5656 
 Yellow Jersey PR (Financial 
  PR) 
  Georgia Colkin 
  Joe Burgess 
  Henry Wilkinson                    +44 (0) 7769 325254 
 

Myanmar Strategic Holdings Ltd.

Myanmar Strategic Holdings Ltd. is an independent developer and manager of consumer-focused businesses located in Myanmar, one of the fastest growing economies in the world. The Company's portfolio currently focuses on Hospitality, Education and Services with the view to expand within the broader consumer sector in Myanmar as it grows.

Hospitality sector: through its portfolio the Company currently manages over 470 beds across 4 boutique hotels in 3 core tourist locations across Myanmar, operating under the award winning Ostello Bello budget hospitality brand. MSH operates an asset light strategy, entering into long-term operating and management agreements with local hotel owners.

Education sector: the Company currently has exclusive development and franchising agreements with Wall Street English for ten English language centres across Myanmar over the course of the ten-year agreement. Two centres were opened in 2017 and a third opened in August 2018. As at July 2018, they served over 1,200 students. Through the franchise MSH also partnered with the Directorate of Company Administration in Myanmar to provide English language courses to its civil servants.

The Company has a joint venture with Auston Institute of Management to develop and operate the Auston College Myanmar. The private school opened in May 2018 offering diplomas in Engineering Technology, Construction Project Management and Networking, Information Systems, and Security. English language learning is also provided by the Company's nearby Wall Street English centre.

Services sector: through its recent acquisition of EXERA, the Company now offers security, cash in transit and risk management services. Founded in 2013, EXERA employs approx. 1,100 guards making it one of the largest security services providers in Myanmar.

Myanmar was one of the fastest growing economies in Asia in 2017 (Source: Asian Development Bank). In 2018, its annual GDP growth is expected to be about 7% (Source: Asian Development Bank), making it one of the fastest growing economies in the world.

MSH is well positioned to provide investors early exposure to Myanmar's strong economic fundamentals enhanced by ASEAN's wider growth prospects.

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                     Enrico Cesenni 
      ---------------------------------------  --------------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------------- 
 a)    Position/status                          Chief Executive Officer 
      ---------------------------------------  --------------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  --------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------------- 
 a)    Name                                     Myanmar Strategic Holdings Limited 
      ---------------------------------------  --------------------------------------------- 
 b)    LEI                                      213800V5GJPLFU4F6636 
      ---------------------------------------  --------------------------------------------- 
 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                       Ordinary shares of no par value each 
        financial instrument, 
        type of instrument 
 
       Identification code                      Identification code (ISIN) for Myanmar 
                                                 Strategic Holdings Limited ordinary 
                                                 shares: SG9999015747 
 
 b)    Nature of the transaction                Grant of options 
      ---------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                --------------------  -------------------- 
                                                 Price(s)              Volume(s) 
                                                --------------------  -------------------- 
    US$11                                                              6,000 
   -----------------------------------------------------------------  -------------------- 
 
 d)    Aggregated information                   n/a 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                  17 October 2018 
      ---------------------------------------  --------------------------------------------- 
 f)    Place of the transaction                 Outside a trading venue 
      ---------------------------------------  --------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                     Dennis Yeo Ting Teck 
      ---------------------------------------  --------------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------------- 
 a)    Position/status                          Chief Financial Officer 
      ---------------------------------------  --------------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  --------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------------- 
 a)    Name                                     Myanmar Strategic Holdings Limited 
      ---------------------------------------  --------------------------------------------- 
 b)    LEI                                      213800V5GJPLFU4F6636 
      ---------------------------------------  --------------------------------------------- 
 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                       Ordinary shares of no par value each 
        financial instrument, 
        type of instrument 
 
       Identification code                      Identification code (ISIN) for Myanmar 
                                                 Strategic Holdings Limited ordinary 
                                                 shares: SG9999015747 
 
 b)    Nature of the transaction                Grant of options 
      ---------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                --------------------  -------------------- 
                                                 Price(s)              Volume(s) 
                                                --------------------  -------------------- 
    US$11                                                              10,000 
   -----------------------------------------------------------------  -------------------- 
 
 d)    Aggregated information                   n/a 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                  17 October 2018 
      ---------------------------------------  --------------------------------------------- 
 f)    Place of the transaction                 Outside a trading venue 
      ---------------------------------------  --------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                     U Aung Myo Thein 
      ---------------------------------------  --------------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------------- 
 a)    Position/status                          Partner (non-board position) 
      ---------------------------------------  --------------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  --------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------------- 
 a)    Name                                     Myanmar Strategic Holdings Limited 
      ---------------------------------------  --------------------------------------------- 
 b)    LEI                                      213800V5GJPLFU4F6636 
      ---------------------------------------  --------------------------------------------- 
 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                       Ordinary shares of no par value each 
        financial instrument, 
        type of instrument 
 
       Identification code                      Identification code (ISIN) for Myanmar 
                                                 Strategic Holdings Limited ordinary 
                                                 shares: SG9999015747 
 
 b)    Nature of the transaction                Grant of options 
      ---------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                --------------------  -------------------- 
                                                 Price(s)              Volume(s) 
                                                --------------------  -------------------- 
    US$11                                                              15,000 
   -----------------------------------------------------------------  -------------------- 
 
 d)    Aggregated information                   n/a 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                  17 October 2018 
      ---------------------------------------  --------------------------------------------- 
 f)    Place of the transaction                 Outside a trading venue 
      ---------------------------------------  --------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                     Jonathan Geoffrey Kolb 
      ---------------------------------------  --------------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------------- 
 a)    Position/status                          Partner (non-board position) 
      ---------------------------------------  --------------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  --------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------------- 
 a)    Name                                     Myanmar Strategic Holdings Limited 
      ---------------------------------------  --------------------------------------------- 
 b)    LEI                                      213800V5GJPLFU4F6636 
      ---------------------------------------  --------------------------------------------- 
 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                       Ordinary shares of no par value each 
        financial instrument, 
        type of instrument 
 
       Identification code                      Identification code (ISIN) for Myanmar 
                                                 Strategic Holdings Limited ordinary 
                                                 shares: SG9999015747 
 
 b)    Nature of the transaction                Grant of options 
      ---------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                --------------------  -------------------- 
                                                 Price(s)              Volume(s) 
                                                --------------------  -------------------- 
    US$11                                                              10,000 
   -----------------------------------------------------------------  -------------------- 
 
 d)    Aggregated information                   n/a 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                  17 October 2018 
      ---------------------------------------  --------------------------------------------- 
 f)    Place of the transaction                 Outside a trading venue 
      ---------------------------------------  --------------------------------------------- 
 

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.

END

DSHFFUFIWFASESS

(END) Dow Jones Newswires

October 17, 2018 11:12 ET (15:12 GMT)

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