Nippon Active Value Fund plc (the "Company")
Director/PDMR Shareholding
The Company has been informed that on 12 October 2023, Noel Lamb, a non-executive director of the Company, has exchanged 30,000 Atlantis Japan Growth Fund Ltd Shares for 35,853 Nippon Active Value Fund registered shares.
The total shareholding of Noel Lamb has been updated to 35,853 registered shares in the Nippon Active Value Fund following the above transactions.
12 October 2023
The relevant notifications set out below are provided in accordance with the requirements of the Market Abuse Regulation.
Enquiries:
| Apex Listed Companies Services (UK) Limited | 020 3327 9720 |
| Company Secretary | |
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Noel Lamb | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Director | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Nippon Active Value Fund plc | |||
| b)
| LEI
| 213800JOFEGZJYS21P75 | |||
| 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
| |||
| | | ||||
| Identification code | ISIN: GB00BKLGLS10 | ||||
| | | ||||
| b)
| Nature of the transaction
| Exchange offer between Atlantis Japan Growth Fund Ltd Shares and Nippon Active Value Fund | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 1.1951p per share | 11,951 | | |
| | | 1.1951p per share | 23,902 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 35,853 | ||||
| | | ||||
| - Price | Total price £30,000 | ||||
| | | ||||
| e)
| Date of the transaction
| 12 October 2023 | |||
| f)
| Place of the transaction
| London | |||
End
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