Myanmar Investments Intl Ltd Director/PDMR Shareholding (2183N)
October 21 2016 - 10:05AM
UK Regulatory
TIDMMIL
RNS Number : 2183N
Myanmar Investments Intl Ltd
21 October 2016
21 October 2016
Myanmar Investments International Limited (the "Company")
Director/PDMR Shareholding
The information contained within this RNS is considered to be
inside information prior to its release as defined in Article 7 of
the Market Abuse Regulation No. 596/2014 and is disclosed in
accordance with the Company's obligations under Article 17 of those
Regulations.
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 William Knight
--- ------------------------- ----------------------------------
2 Reason for the notification
--- -------------------------------------------------------------
a) Position/status Chairman
--- ------------------------- ----------------------------------
b) Initial notification Amendment
/Amendment
--- ------------------------- ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------
a) Name Myanmar Investments International
Limited
--- ------------------------- ----------------------------------
b) LEI N/A
--- ------------------------- ----------------------------------
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 Share option
the financial
instrument, type ISIN: VGG636111004
of instrument
Identification
code
--- ------------------------- ----------------------------------
b) Nature of the Grant of share options
transaction
--- ------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------------- ----------
Exercise
price $1.265 37,005
--------------- ----------
--- ------------------------- ----------------------------------
d) Aggregated information
N/A
- Aggregated volume
- Aggregated Price
--- ------------------------- ----------------------------------
e) Date of the transaction 19 October 2016
--- ------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- ----------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------
a) Name Aung Htun
--- ------------------------- ----------------------------------
2 Reason for the notification
--- -------------------------------------------------------------
a) Position/status Managing Director
--- ------------------------- ----------------------------------
b) Initial notification Amendment
/Amendment
--- ------------------------- ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------
a) Name Myanmar Investments International
Limited
--- ------------------------- ----------------------------------
b) LEI N/A
--- ------------------------- ----------------------------------
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 Share option
the financial
instrument, type ISIN: VGG636111004
of instrument
Identification
code
--- ------------------------- ----------------------------------
b) Nature of the Grant of share options
transaction
--- ------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------------- ----------
1. Exercise
price $1.265 157,626
-------------------- ----------
--- ------------------------- ----------------------------------
d) Aggregated information
N/A
- Aggregated volume
- Aggregated Price
--- ------------------------- ----------------------------------
e) Date of the transaction 19 October 2016
--- ------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- ----------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------
a) Name Michael Dean
--- ------------------------- ----------------------------------
2 Reason for the notification
--- -------------------------------------------------------------
a) Position/status Finance Director
--- ------------------------- ----------------------------------
b) Initial notification Amendment
/Amendment
--- ------------------------- ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------
a) Name Myanmar Investments International
Limited
--- ------------------------- ----------------------------------
b) LEI N/A
--- ------------------------- ----------------------------------
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 Share option
the financial
instrument, type ISIN: VGG636111004
of instrument
Identification
code
--- ------------------------- ----------------------------------
b) Nature of the Grant of share options
transaction
--- ------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------------- ----------
Exercise
price $1.265 157,626
--------------- ----------
--- ------------------------- ----------------------------------
d) Aggregated information
N/A
- Aggregated volume
- Aggregated Price
--- ------------------------- ----------------------------------
e) Date of the transaction 19 October 2016
--- ------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- ----------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------
a) Name Craig Martin
--- ------------------------- ----------------------------------
2 Reason for the notification
--- -------------------------------------------------------------
a) Position/status Director
--- ------------------------- ----------------------------------
b) Initial notification Amendment
/Amendment
--- ------------------------- ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------
a) Name Myanmar Investments International
Limited
--- ------------------------- ----------------------------------
b) LEI N/A
--- ------------------------- ----------------------------------
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 Share option
the financial
instrument, type ISIN: VGG636111004
of instrument
Identification
code
--- ------------------------- ----------------------------------
b) Nature of the Grant of share options
transaction
--- ------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------------- ----------
Exercise
price $1.265 37,005
--------------- ----------
--- ------------------------- ----------------------------------
d) Aggregated information
N/A
- Aggregated volume
- Aggregated Price
--- ------------------------- ----------------------------------
e) Date of the transaction 19 October 2016
--- ------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- ----------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------
a) Name Chris Appleton
--- ------------------------- ----------------------------------
2 Reason for the notification
--- -------------------------------------------------------------
a) Position/status Director
--- ------------------------- ----------------------------------
b) Initial notification Amendment
/Amendment
--- ------------------------- ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------
a) Name Myanmar Investments International
Limited
--- ------------------------- ----------------------------------
b) LEI N/A
--- ------------------------- ----------------------------------
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 Share option
the financial
instrument, type ISIN: VGG636111004
of instrument
Identification
code
--- ------------------------- ----------------------------------
b) Nature of the Grant of share options
transaction
--- ------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------------- ----------
Exercise
price $1.265 37,005
--------------- ----------
--- ------------------------- ----------------------------------
d) Aggregated information
N/A
- Aggregated volume
- Aggregated Price
--- ------------------------- ----------------------------------
e) Date of the transaction 19 October 2016
--- ------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- ----------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------
a) Name Henrik Bodenstab
--- ------------------------- ----------------------------------
2 Reason for the notification
--- -------------------------------------------------------------
a) Position/status Director
--- ------------------------- ----------------------------------
b) Initial notification Amendment
/Amendment
--- ------------------------- ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------
a) Name Myanmar Investments International
Limited
--- ------------------------- ----------------------------------
b) LEI N/A
--- ------------------------- ----------------------------------
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 Share option
the financial
instrument, type ISIN: VGG636111004
of instrument
Identification
code
--- ------------------------- ----------------------------------
b) Nature of the Grant of share options
transaction
--- ------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------------- ----------
Exercise
price $1.265 35,000
--------------- ----------
--- ------------------------- ----------------------------------
d) Aggregated information
N/A
- Aggregated volume
- Aggregated Price
--- ------------------------- ----------------------------------
e) Date of the transaction 19 October 2016
--- ------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- ----------------------------------
For further information please contact:
Aung Htun Michael Dean
Managing Director Finance Director
Myanmar Investments International Myanmar Investments International
Ltd Ltd
+66 81 836 5104 +65 82 99 98 98
+95 94 0160 0501 +95 94 2006 4957
aunghtun@myanmarinvestments.com mikedean@myanmarinvestments.com
Nominated Adviser Broker
Philip Secrett / Jamie Andrew Pinder / David
Barklem/ Herring
Carolyn Sansom Alistair Roberts (Hong
Grant Thornton UK LLP Kong)
+44 20 7383 5100 Investec Bank plc
+44 (0) 20 7597 4000
Notes to Editors:
Myanmar Investments International Limited ("MIL") is the first
Myanmar-focused investment company to be admitted to trading on the
AIM market of the London Stock Exchange. It was established in 2013
to act as a conduit for overseas investors to invest in businesses
led by dynamic and visionary Myanmar entrepreneurs and foreign
companies investing in the country. MIL is led by co-founders Aung
Htun and Mike Dean, private equity professionals and entrepreneurs
with a strong regional track record of investment and profitable
exits in SE Asia.
MIL aims to identify investments with strong growth which if
necessary can be "de-risked" through the introduction of
experienced senior line-management, mentors and/or strategic
partners sourced by its Founders. Key sectors are those
experiencing acute supply vs. demand imbalances, such as consumer
and other capacity-constrained sectors.
To date, MIL has invested in Apollo Towers, a top 3 telecom
towers company with 1,800 towers, and MFIL, a top 10 microfinance
company whose loan book has grown over 400% since investment. With
its strong proprietary investment pipeline of deals, MIL provides
investors with a highly disciplined and conservative investment
process into one of the most promising growth opportunities of this
era.
Myanmar, a country of approximately 51.4 million people and
roughly the size of France, has been isolated for much of the last
50 years. Once one of the more prosperous countries in Southeast
Asia as it has an abundance of natural resources (oil, natural gas,
arable land, tourist attractions and a long coastline), it is now
one of the least developed countries in the world.
Following the general elections in Myanmar in November 2015 the
National League for Democracy, led by Daw Aung San Suu Kyi, won an
overwhelming majority of the seats and the new administration took
power on 1 April 2016.
In June 2016 the Financial Action Task Force ("FATF") noted
Myanmar's significant progress in addressing strategic anti-money
laundering deficiencies and as such the country is no longer
subject to FATF monitoring.
In October 2016 the United States government lifted all
remaining sanctions against Myanmar and re-admitted the country
into its preferred tariff system.
For more information about MIL, please visit
www.myanmarinvestments.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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