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Asia Wealth Group Holdings Ltd - Director/PDMR Shareholding

Announcement provided by

Asia Wealth Group Holdings Ltd · AWLP

18/04/2019 11:47

Asia Wealth Group Holdings Ltd - Director/PDMR Shareholding PR Newswire

18 April 2019

Asia Wealth Group Holdings Limited

("Asia Wealth" or the "Company")


Asia Wealth announces that it was notified on 12 April 2019, that Richard Cayne, Executive Chairman, has received 2,000,000 ordinary shares in the Company, for nil consideration, from the previous Chief Executive Officer of the Company, Andrew Mankiewicz, on 12 April 2019. The settlement was reached pursuant to a private matter. 

Following this transaction, Richard Cayne, though his nominee company, Shore Limited owns 9,875,000 ordinary shares in the Company, representing 86.36 per cent. of the issued share capital. 

The Directors of the Company accept responsibility for the content of this announcement.


Richard Cayne (Executive Chairman)

Asia Wealth Group Holdings Limited, +66 2 2611 2561

Guy Miller (Corporate Advisers)

Peterhouse Capital Limited, +44 20 7220 9795

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1  Details of the person discharging managerial responsibilities / person
   closely associated

a) Name                            Richard Cayne

2  Reason for the notification

a) Position/status                 PDMR

b) Initial notification /Amendment Initial notification

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor

a) Name                            Asia Wealth Group Holdings Limited

b) LEI                             213800DGPY6UAXPBNV51

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    Ordinary shares of no par value each in
   instrument, type of instrument  Asia Wealth Group Holdings Limited
   Identification code             Identification code (ISIN) for Asia
                                   Wealth Group Holdings Limited ordinary
                                   shares: VGG0540E1097

b) Nature of the transaction       Purchase of Ordinary Shares

c) Price(s) and volume(s)
                                   Price(s)          Volume(s)

                                   Nil Consideration 2,000,000

d) Aggregated information          N/A
   - Aggregated volume
   - Price

e) Date of the transaction         12 April 2019

f) Place of the transaction        NEX Exchange Growth Market

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