REG - ASA Intnl. Grp PLC - Director/PDMR Shareholding

ASA InternationalAnnouncement

07/01/2025 12:15

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RNS Number : 4425S  ASA International Group PLC  07 January 2025

ASA International Group plc - PDMR Notification

ASA International Group plc (LSE: ASAI), one of the world's largest
international microfinance institutions, today announces the restructuring of
Dirk Brouwer's economic ownership in ASA International, undertaken as part of
an estate planning exercise.

As part of broader estate planning activities, Dirk Brouwer has undertaken a
restructuring of his economic ownership of ASA International for the benefit
of his four children.

Prior to the completion of this exercise on 30 December 2024, Dirk Brouwer's
economic ownership of ASA International amounted to 19.3% of total shares
outstanding. This economic ownership was held through a vehicle used by Dirk
Brouwer to invest in microfinance activities.

As of 30 December 2024, the indirect economic ownership in ASA International
has now been split equally among his four children.

In light of the above restructuring of his economic ownership, and as at the
date of this notification, Dirk Brouwer continues to control 46.0% of the
total shares outstanding and voting rights of ASA International via CMIMC,
which controls Catalyst Microfinance Investors (29.2% shareholding in ASA
International) and Catalyst Continuity (16.8% shareholding in ASA
International).

PDMR/PCA FCA Transaction Notification

 

 1                    Details of the person discharging managerial responsibilities / person closely
                      associated
 (a)                  Name                                                         Dirk Brouwer
 2                    Reason for the notification
 (a)                  Position/status                                              Deputy Chairman
 (b)                  Initial notification/Amendment                               Initial notification
 3                    Details of the issuer, emission allowance market participant, auction
                      platform, auctioneer or auction monitor
 (a)                  Name                                                         ASA International Group plc
 (b)                  LEI                                                          213800NSIUMXPDHUEO94
 4                    Details of the transaction(s)
 (a)                  Description of the financial instrument, type of instrument  Financial instrument linked to a share
                      Identification code                                          Identification code for ASA International ordinary shares: GB00BDFXHW57
 (b)                  Nature of the transaction                                    Estate planning activities
 (c)                  Currency                                                     GBP
 (d)                  Price(s) and volume(s)                                       Price     Volume      Total
                                                                                   GBP 0.81  19,319,999  15,649,199.19
 (e)                  Aggregated information                                       N/A - single transaction
 (f)                  Date of the transaction                                      2024-12-30
 (g)                  Place of the transaction                                     Outside a trading venue

(e)

Aggregated information

N/A - single transaction

(f)

Date of the transaction

2024-12-30

(g)

Place of the transaction

Outside a trading venue

 

Contact Details

ASA International Group plc

Investor Relations

Jonathan Berger
ir@asa-international.com (mailto:ir@asa-international.com)

About ASA International Group plc

ASA International Group plc (LSE: ASAI) is one of the world's largest
international microfinance institutions, with a strong commitment to financial
inclusion and socioeconomic progress. The company provides small, socially
responsible loans to low-income, financially underserved entrepreneurs,
predominantly women, across South Asia, South East Asia, West and East Africa.

Disclaimer

'ASA International', the 'Company', the 'Group' all refer to ASA International
Group plc and its subsidiaries.

These disclosures are made in accordance with Article 19 of the UK Market
Abuse Regulation relating to certain transactions in the shares of the Company
by Directors of the Company, Persons Discharging Managerial Responsibilities
('PDMR') of the Company and/or Persons Closely Associated ('PCA') with the
Directors and PDMRs.

This announcement does not constitute or form part of any offer or invitation
to purchase, otherwise acquire, issue, subscribe for, sell or otherwise
dispose of any securities, nor any solicitation of any offer to purchase,
otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any
securities. The release, publication or distribution of this announcement in
certain jurisdictions may be restricted by law and therefore persons in such
jurisdictions into which this announcement is released, published or
distributed should inform themselves about and observe such restriction.

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