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Adamas Fin Asia Ltd - Postponement of Annual General Meeting

RNS Number : 4982T
Adamas Finance Asia Limited
14 November 2019

14 November 2019


(the "Company" or "ADAM")

Postponement of Annual General Meeting

The directors of the Company ("Directors") are closely monitoring the current unrest in Hong Kong, in particular the flare up this week in the financial district and in the context of the scheduled annual general meeting of the Company ("AGM") that was due to be held there tomorrow, at 19/F CMA Building, 64 Connaught Road, Central, Hong Kong, at 5.00 pm


The Directors' first concern is for the safety of the Company's staff, shareholders and advisers who would be involved in the AGM.  In light of that concern, the Directors have decided to postpone the AGM.  The Company has notified shareholders of the postponement. 


The Directors will continue to monitor the situation in Hong Kong and the Company will send out a new notice of AGM and make a further announcement in due course, with the expectation that this will be sent before the end of November.  If the situation in Hong Kong remains volatile in the near-term, the Directors will consider moving the venue for the AGM.


For further information, please visit the Company's website at http://adamasfinance.com and follow the Company on Twitter (@AdamasFinance).



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

Pello Capital Limited - Joint Corporate Broker

+44 (0) 20 3700 2500

Tim Sohal

Maitland/AMO - Communications Advisor

+44 (0) 20 7379 5151

James Benjamin

Peter Hamid


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

Adamas Finance Asia Limited (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 [email protected] or visit www.rns.com.

Quick facts: Adamas Finance Asia Limited

Price: 28.5

Market: AIM
Market Cap: £25.05 m

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