Microsoft Word - PFS-LIB-#514102-v1-JRIC_-_Directors_dealing_announcement_re_scrip_dividend_for_RC


12 November 2015


Japan Residential Investment Company Limited

(the 'Company')


Director's Shareholding


Japan Residential Investment Company Limited (AIM: JRIC) is a closed-ended Guernsey incorporated company established to make and hold investments in residential property in Japan.


The Company announces that it was informed today that on 5 September 2014, pursuant to a scrip dividend alternative offered in lieu of cash, Richard Crowder, a non-executive director of the Company, acquired 916 ordinary shares of 10p each in the Company ('Ordinary Shares') at a scrip dividend reference price of 58.9p per Ordinary Share. Following this transaction, Mr. Crowder's total holding in the Company amounts to 30,916 Ordinary Shares, representing 0.01 per cent. of the Company's issued share capital.


Enquiries


KK Halifax Management Limited

Manager

Edward Barrow +66 2656 1516


KK Halifax Asset Management

Investment Adviser

Alec Menikoff +81 (0)3 5563 8771


Smith & Williamson Corporate Finance Limited

Nominated Adviser

Azhic Basirov David Jones

+44 (0)20 7131 4000


Jefferies Hoare Govett

Joint Broker

Max Jones +44 (0)20 7029 8000


Liberum Capital Limited

Joint Broker

Richard Bootle +44 (0)20 3100 2222

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