6 May 2010 16:22
6 May 2010
Origo Partners plc ("Origo" or the "Company")
Holding in Company
The Company was notified on 6 May 2010 that, as at the same date, Spearpoint Limited ("Spearpoint"), within its nominee, Secure Nominees Limited, holds 20,493,291 ordinary shares in the Company ("Ordinary Shares"), representing 9.31% of the issued share capital. Of these, 14,313,208 Ordinary Shares, representing 6.51% of the issued share capital, are held on behalf of Spearpoint's customers on a discretionary managed basis. Spearpoint has a discretionary mandate over a further 5,260,000 Ordinary Shares, representing 2.39% of the issued share capital, which are not registered in its nominee.
For further information about Origo please visit www.origoplc.com or contact:
| Origo Partners plc Chris Rynning (chris@origoplc.com) Niklas Ponnert (niklas@origoplc.com)
|
+86 1390 124 6417
+86 1351 106 1672 |
| Nominated Adviser: Smith & Williamson Corporate Finance Limited Azhic Basirov
| +44 (0)20 7131 4000 |
| Broker: Liberum Capital Limited Simon Atkinson
| +44 (0)20 3100 2222 |
| Public Relations: Aura Financial Andy Mills / Nina Legge | +44 (0)20 7321 0000 |
Notes to editors:
Origo Partners:
·; Origo is an established private equity investor and strategic consultancy business, which provides its shareholders with exposure to growth opportunities and private equity returns based on the China growth story.
·; Origo's business model is to generate capital gains from private equity investment in growth companies from which it also generates fees for consultancy services related to further fundraisings, M&A and strategic development.
·; Origo signed a memorandum of understanding with GLG Partners LP in March 2008 to explore asset management and advisory opportunities in China, India and other markets.
·; Origo has a significant portfolio of investments in a range of industrial sectors, including metals and mining, agriculture, renewable energy/clean tech and technology, telecom and media ("TMT").