21 February 2025
Amicorp FS (UK) plc
(the 'Company')
Notification of PDMR and PCA transactions
The Company provides notification of the following transactions relating to the interests of each of the below named PDMRs and PCAs in the ordinary shares of nominal value US$0.001 each in the capital of the Company ('Share(s)') (ISIN: GB00BNTWWT07).
The transactions arise out of each of the PDMRs receiving Shares from Amicorp Investments Limited ('AIL') pursuant to the dividend in specie by that company announced earlier today ('Dividend').
Each of AIL and United Investment and Consultancy Co. Ltd. ('United') are PCAs of Antonius Rudolphus Wilhelmus Knipping ('TK'), the Non-Executive Chairman of the Company. AIL and United's shareholdings in the Company have decreased and increased, respectively, as a result of the Dividend.
The following disclosures are given in fulfilment of the Company's obligations under DTR 3.1 and the UK version of the EU Market Abuse Regulation.
Following completion of these transactions, the beneficial ownership of Shares by PDMRs is as follows:
| PDMR name and title | Beneficial Shareholding | Percentage of issued share capital |
| Antonius Rudolphus Wilhelmus Knipping (Non-Executive Chairman) | 83,121,896* | 69.29% |
| Chi Kin Lai (Chief Executive Officer) | 1,085,534** | 0.90% |
| Tat Cheung (Stephen) Wong (Chief Financial Officer) | 416,911 | 0.35% |
*Includes 55,200,655 Shares held by United Investment and Consultancy Co. Ltd., of which Mr Knipping is the 100% controlling shareholder, 14,925,518 Shares held by Amicorp Investments Limited ("AIL") and 12,995,723 Shares held by Amicorp Limited ("AL), in each case representing such number of Shares held by each of those companies as Mr Knipping is beneficially entitled to by virtue of his indirect shareholding in each of AIL and AL.
**Includes 333,333 Shares held by Mr Lai's wife, Oi Ching Law.
| 1
| Details of the person discharging managerial responsibilities
| ||||
| a)
| Name
| Chi Kin Lai
| |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Executive Officer | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Amicorp FS (UK) plc | |||
| b)
| LEI
| 21380028AUYWGMYXQA57 | |||
| 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 US$0.001 shares | |||
| | | ||||
| Identification code | ISIN GB00BNTWWT07 | ||||
| | | ||||
| b)
| Nature of the transaction
| Dividend in specie
| |||
| c) | Price(s) and volume(s) | | Price - Nil Volume - 553,141
| | |
| d)
| Date of the transaction
| 21 February 2025 | |||
| e)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||
| 1
| Details of the person discharging managerial responsibilities
| ||||
| a)
| Name
| Tat Cheung "Stephen" Wong | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Financial Officer | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Amicorp FS (UK) plc | |||
| b)
| LEI
| 21380028AUYWGMYXQA57 | |||
| 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 US$0.001 shares | |||
| | | ||||
| Identification code | ISIN GB00BNTWWT07 | ||||
| | | ||||
| b)
| Nature of the transaction
| Dividend in specie | |||
| c) | Price(s) and volume(s) | | Price - Nil Volume - 61,460
| | |
| d)
| Date of the transaction
| 21 February 2025 | |||
| e)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||
| 1
| Details of the person closely associated with a PDMR
| ||||
| a)
| Name
| Amicorp Investments Limited | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Controlled by TK | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Amicorp FS (UK) plc | |||
| b)
| LEI
| 21380028AUYWGMYXQA57 | |||
| 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 US$0.001 shares | |||
| | | ||||
| Identification code | ISIN GB00BNTWWT07 | ||||
| | | ||||
| b)
| Nature of the transaction
| Dividend in specie, whereby the PCA transferred 55,200,655 shares to United and 14,468,204 shares to certain other of its minority shareholders. | |||
| c) | Price(s) and volume(s) | | Price - Nil Volume - 69,668,859
| | |
| d)
| Date of the transaction
| 21 February 2025 | |||
| e)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||
| 1
| Details of the person closely associated with the PDMR
| ||||
| a)
| Name
| United Investment and Consultancy Co. Ltd. | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Controlled by TK | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Amicorp FS (UK) plc | |||
| b)
| LEI
| 21380028AUYWGMYXQA57 | |||
| 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 US$0.001 shares | |||
| | | ||||
| Identification code | ISIN GB00BNTWWT07 | ||||
| | | ||||
| b)
| Nature of the transaction
| Dividend in specie, whereby the PCA received 55,200,655 shares from AIL. | |||
| c) | Price(s) and volume(s) | | Price - Nil Volume - 55,200,655
| | |
| d)
| Date of the transaction
| 21 February 2025 | |||
| e)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||
The Company can confirm that each of the above named PDMRs have complied with their respective obligation to notify the Financial Conduct Authority of the above transactions as required under the UK version of the EU Market Abuse Regulation.
- Ends -
For further information please contact:
| Amicorp FS (UK) Plc Toine Knipping, Non-Executive Chairman Chi Kin Lai, Chief Executive Officer Tat Cheung (Stephen) Wong, Chief Financial Officer
| Via Burson Buchanan |
| Zeus (Broker) Martin Green / Louisa Waddell (Investment Banking) Benjamin Robertson (Corporate Broking)
| Tel: +44 (0) 20 3829 5000 |
| Media enquiries: Burson Buchanan (Financial Communications) Simon Compton Verity Parker
| Tel: + 44 (0) 20 7466 5000 |
Notes to Editors
AMIF is an international specialist fund services group that works with a broad mix of clients including institutional investors, fund managers (private equity, venture capital and hedge funds) as well as family offices to provide a suite of specialist services across global markets. AMIF provides local and global expertise to over 550 funds.
AMIF provides a comprehensive and tailored range of services which are all underpinned by market-recognised technology solutions that support clients from a single point of contact.
These include:
Fund Administration and Investor Services: Fund accounting, fund administration, in-house NAV calculation, investor services including Register & Transfer Agency services, booking of subscriptions & redemptions, audit liaison/support, real time oversight over investment performance.
Governance and Compliance Services: FATCA and CRS reporting services, Fiduciary, Anti-Money Laundering (AML) officer services in compliance with international rules and regulations including administrative support to the Board and Committees of the Board.
BPO Services: Simplifying accounting and administration services through automated accounting processes and providing management insight into business operations through regular and consistent management reporting.
For further information please visit www.amicorp-funds.com/chairmans-welcome/
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