ADMF Adv.Dev.Mkt Tst

TIDMADMF

RNS Number : 3397K

Advance Developing Markets Fund Ltd

29 December 2015

Aberdeen completes acquisition of Advance Emerging Capital

29 December 2015

Further to the announcement made on 15 September 2015, the Board of Advance Developing Markets Fund Limited ("ADMF") announces that following receipt of Change in Control approval from the Financial Conduct Authority, Aberdeen Asset Management PLC has today completed the acquisition of Advance Emerging Capital Limited, the investment manager of ADMF.

Subsequent to this completion, Advance Emerging Capital Limited has today been renamed Aberdeen Emerging Capital Limited and becomes a wholly owned subsidiary of Aberdeen Asset Management PLC.

Enquiries:

Aberdeen Emerging Capital Limited (investment manager to Advance Developing Markets Fund Limited)

Andrew Lister / Bernard Moody Tel: +44 (0)20 7618 0040

Email: alister@advance-emerging.com, bmoody@advance-emerging.com

Westhouse Securities (Financial adviser and broker to ADMF)

Alastair Moreton +44 (0)20 7601 6118

Email: alastair.moreton@westhousesecurities.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCXKLFLELFZFBV

(END) Dow Jones Newswires

December 29, 2015 09:00 ET (14:00 GMT)

Adv.Dev.Mkt Tst (LSE:ADMF)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024

Adv.Dev.Mkt Tst (LSE:ADMF)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024