Director/PDMR Shareholding

11 October 2018

Crystal Amber Fund Limited

(the “Company”)

	Notification of Transactions by 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 102,934 Ordinary Shares in the Company.  Following the transactions, Crystal Amber Asset Management (Guernsey) Limited holds 6,203,326 Ordinary Shares (equivalent to 6.40 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 (PDMR)
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)	Volume(s) 60,045 42,889
d)	Aggregated information - Aggregated volume - Price - Principal amount	102,934
e)	Date of the transaction	10 October 2018
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 (PDMR)
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)	Volume(s) 60,045
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	10 October 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 (PDMR)
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)	Volume(s) 42,889
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	10 October 2018
f)	Place of the transaction	London Stock Exchange, AIM Market
For further enquiries please contact: Crystal Amber Fund Limited Chris Waldron (Chairman) Tel: [phone] Allenby Capital Limited - Nominated Adviser David Worlidge/Liz Kirchner Tel: [phone] Winterflood Securities - Broker Joe Winkley/Neil Langford Tel: [phone] Crystal Amber Advisers (UK) LLP – Investment Adviser Richard Bernstein Tel: [phone]