REG - India CapitalGrwthFd - Director/PDMR Shareholding

India Capital Growth FundAnnouncement

19/09/2019 08:55

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


 




+44 20 7408 4090


 














Robin Sellers








Ocean Dial Asset Management








+44 20 7068 9870








robin.sellers@oceandial.com
 








William Clutterbuck


 




MaitlandAMO PR


 




+44 20 7379 5151


 




wclutterbuck@maitland.co.uk


 














David Harris


 




Frostrow Capital


 




+44 20 3427 3835


 




david.harris@frostrow.com


 














Nick Robilliard








Apex Fund and Corporate Services (Guernsey) Limited








+44 1481 735827








nick.robilliard@apexfs.com







 




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