Transaction in Own Shares

RNS Number : 1122I

Advance Developing Markets Fund Ltd

08 June 2011

 



Advance Developing Markets Fund Limited

Transaction in own shares

Advance Developing Markets Fund Limited (the "Company") announces that on 8 June 2011 the Company purchased 2,177,050 ordinary shares of 1p each, to be held in treasury, at a price of 471.75p per share.

Following this purchase the Company's issued share capital consists of 66,113,801 Ordinary Shares with voting rights and 9,830,153 Subscription Shares with no voting rights (with 2,177,050 ordinary shares being held in treasury). The Subscription Shares are considered to be qualifying financial instruments under the FSA's Disclosure and Transparency Rules.

Accordingly, the above figure (66,113,801) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interests in, the Company under the FSA's Disclosure and Transparency Rules.

Enquiries:

Cavendish Administration Limited (UK Administration Agent)

Anthony Lee / Russell Scott  020 7490 4355

 

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