Company Announcements

Crystal Amber Fund Limited - Director/PDMR Shareholding

19 September 2019

Crystal Amber Fund Limited

(the “Company”)


      Notification and Public Disclosure of Transactions by Persons
                 Discharging Managerial Responsibilities
    The Company has been notified that the Investment Manager, Crystal
   Amber Asset Management (Guernsey) Limited, a PDMR of the Company has
     purchased 1,313,605 ordinary shares in the Company and has sold
    785,000 ordinary shares in the Company. Following the transaction,
    Crystal Amber Asset Management (Guernsey) Limited holds 6,915,000
   Ordinary Shares equivalent to 7.29 per cent. of the Company’s voting
                                rights).
    Details of the transaction(s) can be found in the Notification of
                           Dealing Forms below.

1  Details of the person discharging managerial responsibilities /
   person closely associated

a) Name                                             Crystal Amber
                                                    Asset Management
                                                    (Guernsey) Limited

2  Reason for the notification

a) Position/status                                  Investment Manager

b) Initial notification /Amendment                  Initial
                                                    Notification

3  Details of the issuer, emission allowance market participant,
   auction platform, auctioneer or auction monitor

a) NameCrystal Amber Fund
                                                    Limited

b) LEI                                              213800662E2XKP9JD81
                                                    1

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 CRYSTAL AMBER FUND
   instrument                                       LIMITED ORDINARY
                                                    SHARES
   Identification code

                                                    GG00B1Z2SL48

b) Nature of the transaction                        Purchase of
                                                    Ordinary shares

c) Price(s) and volume(s)                           Price(s) Volume(s)
                                                    £1.87    785,000


d) Aggregated information
   - Aggregated volume                              785,000
   - Price                                          £1.87
   - Principal amount                               £1,467,950

e) Date of the transaction                          18 September 2019

f) Place of the transaction                         London Stock
                                                    Exchange, AIM
                                                    Market

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 CRYSTAL AMBER FUND
   instrument                                       LIMITED ORDINARY
                                                    SHARES
   Identification code

                                                    GG00B1Z2SL48

b) Nature of the transaction                        Purchase of
                                                    Ordinary shares

c) Price(s) and volume(s)                           Price(s) Volume(s)
                                                    £1.925   528,605


d) Aggregated information
   - Aggregated volume                              528,605
   - Price                                          £1.925
   - Principal amount                               £1,017,564.63

e) Date of the transaction                          18 September 2019

f) Place of the transaction                         London Stock
                                                    Exchange, AIM
                                                    Market

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 CRYSTAL AMBER FUND
   instrument                                       LIMITED ORDINARY
                                                    SHARES
   Identification code

                                                    GG00B1Z2SL48

b) Nature of the transaction                        Sale of Ordinary
                                                    shares

c) Price(s) and volume(s)                           Price(s) Volume(s)
                                                    £1.87    785,000


d) Aggregated information
   - Aggregated volume                              785,000
   - Price                                          £1.87
   - Principal amount                               £1,467,950

e) Date of the transaction                          18 September 2019

f) Place of the transaction                         London Stock
                                                    Exchange, AIM
                                                    Market



For further enquiries please contact:

Crystal Amber Fund LimitedChristopher Waldron (Chairman)                       Tel: 01481 742 742

Allenby Capital Limited - Nominated Adviser

David Worlidge/Liz Kirchner                          Tel: 020 3328 5656

Winterflood Investment Trusts - Broker

Joe Winkley/Neil Langford                            Tel: 020 3100 0160

Crystal Amber Advisers (UK) LLP - Investment Adviser

Richard Bernstein                                    Tel: 020 7478 9080