NIPPON ACTIVE VALUE FUND PLC — Director's Dealing 2024

Apr 9, 2024

National Storage Mechanism | Additional information

RNS Number : 7614J

Nippon Active Value Fund PLC

09 April 2024

Nippon Active Value Fund plc

LEI: 213800JOFEGZJYS21P75

9 April 2024

Director dealings

Nippon Active Value Fund plc which targets attractive levels of capital growth for shareholders from the active management of a focused portfolio of (predominantly) quoted Japanese equity investments announces the following dealings.

On 5 April 2024, Rosemary Morgan, Chairman of the Board of Directors, and her spouse, Mark Damazer, transferred Ordinary Shares from their joint personal holdings through a Bed and ISA arrangement to effect the transfer of the Ordinary Shares to Mark Damazer's ISA account, by the sale and re-purchase of shares.

Mark Damazer also purchased Ordinary Shares into his ISA account on the same date.

The transactions are summarised below:

Name(s)	Role: Director/Person closely associated ("PCA")	Nature of Transaction	Number of Ordinary Shares
Rosemary Morgan and Mark Damazer	Director and her PCA	Sale from joint personal holding	7,440
Mark Damazer	PCA to Rosemary Morgan	Re-purchase into ISA	7,440
Mark Damazer	PCA to Rosemary Morgan	Purchase into ISA	1,450

Enquiries:

Apex Listed Companies Services (UK) Limited	+44 20 3327 9720
Company Secretary

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Rosemary Morgan and Mark Damazer

2

Reason for the notification

a)

Position/status

Director and PCA (acting jointly)

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Nippon Value Active Fund plc

b)

LEI

213800JOFEGZJYS21P7

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

Sale of 7,440 shares and repurchase of 7,440 shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Transaction 1 (sale)

Transaction 2 (purchase)

176.5p per share

176.5p per share

7,440

7,440

d)

Aggregated information

- Aggregated volume

Sale: 7,440

Re-purchase: 7,440

- Price

176.5p per share

176.5p per share

e)

Date of the transaction

5 April 2024

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Damazer

2

Reason for the notification

a)

Position/status

PCA of Rosemary Morgan

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Nippon Value Active Fund plc

b)

LEI

213800JOFEGZJYS21P7

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

Purchase of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Transaction

177.7p per share

1,450

d)

Aggregated information

- Aggregated volume

1,450

- Price

177.7p

e)

Date of the transaction

5 April 2024

f)

Place of the transaction

London Stock Exchange

END

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