Notification of Transactions of Persons Closely Associated with Persons Discharging Managerial Responsibilities (PDMRs)
Crystal Amber Fund has been notified that the Investment Manager, Crystal Amber Asset Management (Guernsey) Limited, a PDMR of the Company has undertaken transfers of shares that have resulted, on a net basis, in a decrease in its holding of 27,009 Ordinary Shares in the Company. Following the transactions, Crystal Amber Asset Management (Guernsey) Limited holds 7,037,991 Ordinary Shares (equivalent to 7.44 per cent. of the Company's voting rights).
Details of the transaction(s) can be found in the Notification of Dealing Forms below.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Crystal Amber Asset Management (Guernsey) Limited
2
Reason for the notification
a)
Position/status
Investment Manager
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Crystal Amber Fund Limited
b)
LEI
213800662E2XKP9JD811
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 instrument, type of instrument
Identification code
CRYSTAL AMBER FUND LIMITED ORDINARY SHARES
GG00B1Z2SL48
b)
Nature of the transaction
Transfer of shares
c)
Price(s) and volume(s)
Price(s)
0
0
Volume(s)
15,755
11,254
d)
Aggregated information
- Aggregated volume
- Price
- Principal amount
27,009
0
0
e)
Date of the transaction
18 November 2019
f)
Place of the transaction
London Stock Exchange, AIM Market
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Juan Morera
2
Reason for the notification
a)
Position/status
Employee of Investment Adviser
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Crystal Amber Fund Limited
b)
LEI
213800662E2XKP9JD811
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 instrument, type of instrument
Identification code
CRYSTAL AMBER FUND LIMITED ORDINARY SHARES
GG00B1Z2SL48
b)
Nature of the transaction
Receipt of shares
c)
Price(s) and volume(s)
Price(s)
0
Volume(s)
15,755
d)
Aggregated information
- Aggregated volume
- Price
N/A (single transaction)
e)
Date of the transaction
18 November 2018
f)
Place of the transaction
London Stock Exchange, AIM Market
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Brian Brosnan
2
Reason for the notification
a)
Position/status
Employee of Investment Adviser
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Crystal Amber Fund Limited
b)
LEI
213800662E2XKP9JD811
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 instrument, type of instrument
Identification code
CRYSTAL AMBER FUND LIMITED ORDINARY SHARES
GG00B1Z2SL48
b)
Nature of the transaction
Receipt of shares
c)
Price(s) and volume(s)
Price(s)
0
Volume(s)
11,254
d)
Aggregated information
- Aggregated volume
- Price
N/A (single transaction)
e)
Date of the transaction
18 November 2019
f)
Place of the transaction
London Stock Exchange, AIM Market
For further enquiries please contact:
Crystal Amber Fund Limited
Chris Waldron (Chairman)
Tel: 01481 742 742
Allenby Capital Limited - Nominated Adviser
David Worlidge/Liz Kirchner
Tel: 020 7167 6431
Crystal Amber Fund Limited is a closed-ended activist fund. The objective of the Company is to provide its shareholders with an attractive total return, which is expected to comprise primarily capital growth but with the potential for distributions from realized distributable reserves, including distributions arising from the realization of investments, if this is considered to be in the interests of its shareholders. The Company focuses on investing in companies which it considers are undervalued and will aim to promote measures to correct the undervaluation. It invests in a concentrated portfolio of undervalued companies predominantly listed on the United Kingdom markets, and which have a typical market capitalization of between £100 million and £1 billion. The Company and its advisers also engage with the management of those companies with a view to enhancing value for all their shareholders. Crystal Amber Asset Management (Guernsey) Limited is its investment manager.