Transaction in Own Shares - Close Period

RNS Number : 0695M
Crystal Amber Fund Limited
15 January 2016
 

15 January 2016

 

Crystal Amber Fund Limited

(the "Company")

 

Potential transactions in own shares during close period

 

Crystal Amber Fund Limited announces that the Company is entering a two month close period ahead of the announcement of its interim results for the six months ended 31 December 2015 (the "Close Period"),  which is expected to be on or after 15 March 2016.

 

Pursuant to the share buyback authority approved by shareholders on 20 November 2015, the Company has appointed Numis Securities Limited ("Numis") to manage an irrevocable, non-discretionary share buy-back programme to repurchase on its behalf, and within certain pre-set parameters, ordinary shares in the Company, which will be held as treasury shares, during the Close Period.

 

Pursuant to the authority approved by shareholders on 20 November 2015, the Company has appointed Numis to manage an irrevocable, non-discretionary share sale programme to sell for cash on its behalf, on a non pre-emptive basis and within certain pre-set parameters, treasury shares held by the Company, during the Close Period. Treasury shares will only be sold at a price above the net asset value of the Company.

 

The Company and its directors have no power to invoke any changes to the above programmes and they will be conducted at the sole discretion of Numis.

 

For further enquiries please contact:

 

Crystal Amber Fund Limited

William Collins (Chairman)

Tel: 01481 716 000

 

Sanlam Securities UK Limited - Nominated Adviser

David Worlidge/James Thomas

Tel: 020 7628 2200

 

Numis Securities Limited - Broker

Nathan Brown/Hugh Jonathan

Tel: 020 7260 1426

 

Crystal Amber Advisers (UK) LLP - Investment Adviser

Richard Bernstein

Tel: 020 7478 9080

 

 


 


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