Director/PDMR Shareholding

RNS Number : 9415M

India Capital Growth Fund Limited

19 September 2019

 

India Capital Growth Fund Limited (the "Company")

(a closed-ended investment company incorporated with limited liability under the Laws of Guernsey with registered number 43916)

Legal entity identifier ('LEI'): 213800TPOS9AM7INH846

Dealings by Directors

The Company has received notification that Elisabeth Scott, the Chairman of the Company, has purchased 15,000 ordinary shares in the Company at 72.25 pence per share on Wednesday 18 September 2019. Following this transaction Ms Scott has a beneficial interest in 25,000 ordinary shares in the Company (representing 0.02% of the Company's issued ordinary share capital).

Dealings by the Directors and Staff of the Investment Manager, Ocean Dial Asset Management Limited

The Company also announces that the Directors and Staff of the Investment Manager, Ocean Dial Asset Management Limited, have purchased 46,827 ordinary shares in the Company at an average price of 72.15 pence per share on Tuesday 10 September and Wednesday 11 September 2019. Following these transactions the Directors and Staff of the Investment Manager have a beneficial interest in 403,822 ordinary shares in the Company (representing 0.36% of the Company's issued ordinary share capital).

EU Market Abuse Regulation ("MAR") Notification:

The relevant notification set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Elisabeth Scott
2	Reason for the notification
a)	Position/status	Chairman
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	India Capital Growth Fund Limited
b)	LEI	213800TPOS9AM7INH846
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	Ordinary shares of £0.01 each in the Company
	Identification code	GB00B0P8RJ60
b)	Nature of the transaction	Purchase of 15,000 Ordinary shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			0.7225	15,000
d)	Aggregated information
	- Aggregated volume	15,000
	- Price	£0.7225
e)	Date of the transaction	18 September 2019
f)	Place of the transaction	London Stock Exchange, Main Market

About India Capital Growth Fund

India Capital Growth Fund Limited ("ICGF"), the LSE Main Market listed investment company registered and incorporated in Guernsey was established to take advantage of long term investment opportunities in companies based in India. ICGF predominantly invests in listed mid and small cap companies, although investments may also be made in large cap Indian companies where the Fund Manager believes long term capital appreciation will be achieved.

Company website: www.indiacapitalgrowth.com

Enquiries:
Robert Finlay
Shore Capital
[phone]
Robin Sellers
Ocean Dial Asset Management
[phone]
[e-mail]
William Clutterbuck
MaitlandAMO PR
[phone]
[e-mail]
David Harris
Frostrow Capital
[phone]
[e-mail]
Nick Robilliard
Apex Fund and Corporate Services (Guernsey) Limited
[phone]
[e-mail]

 

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