• by  • September 21, 2020 • Crystal Amber

    Crystal Amber Fund Limited
    (the “Company”)

    Issue of equity and total voting rights

    Crystal Amber Fund Limited announces that further to the announcement earlier today of its results for the year ended 30 June 2020 and the proposed issue of 125,000 ordinary shares of £0.01 each (“Ordinary Shares”) to five charities, application has been made to the London Stock Exchange for 125,000 Ordinary Shares to be admitted to trading on AIM (“Admission”). It is anticipated that Admission will occur on or around 25 September 2020.

    Total Voting Rights

    Following Admission, the issued share capital of the Company will comprise 99,749,762 Ordinary Shares. The Company holds 8,691,195 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company will be 91,058,567. The voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure Guidance and Transparency Rules.

    Commenting, Christopher Waldron, the Chairman of the Company said: “The Fund is delighted to assist so many worthy causes and always seeks to make a positive difference, particularly at a time when the global community needs to come together. Were all listed companies to follow Crystal Amber’s initiative, for a dilution of just 0.25% per annum, every year, around £4 billion pounds could be directed towards less fortunate members of society. Whilst the dilution is very modest, the impact on the genuine casualties of society could be immense. We hope that other listed companies will join us in this form of charitable giving.”

    For further enquiries please contact:

    Crystal Amber Fund Limited
    Chris Waldron (Chairman)
    Tel: 01481 742 742

    Allenby Capital Limited – Nominated Adviser
    David Worlidge/Liz Kirchner
    Tel: 020 7167 6431

    Winterflood Securities – Broker
    Joe Winkley/Neil Langford
    Tel: 020 3100 0160

    Crystal Amber Advisers (UK) LLP – Investment Adviser
    Richard Bernstein
    Tel: 020 7478 9080