Potential transactions in own shares during clo...

9 August 2016

Crystal Amber Fund Limited
(the “Company”)

Potential transactions in own shares during close period

Crystal Amber Fund Limited announces that the Company has entered a one month close period ahead of the notification of its annual results for the twelve months ended 30 June 2016 (the “Close Period”),  which is expected to be on or after 9 September 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: [phone] 

Allenby Capital Limited - Nominated Adviser 
David Worlidge/James Thomas
Tel: [phone]

Numis Securities Limited - Broker
Nathan Brown/Hugh Jonathan
Tel: [phone]

Crystal Amber Advisers (UK) LLP – Investment Adviser
Richard Bernstein
Tel: [phone]