OPP.L Regulatory News (OPP)

16 Apr 2008 07:00

Origo Sino-India PLC16 April 2008 16 April 2008 Origo Sino-India PLC New appointment Origo Sino-India PLC ("Origo" or "the Company") (AIM: OSI), the investment andstrategic advisory company focused on the private equity markets of China andIndia, is pleased to announce that Alan Matthews is joining the Company asManaging Director, Corporate Finance. In this role, Alan will be responsiblefor fund raising and M&A activities for Origo and its portfolio companies. Alan brings twenty years' experience of operating in equity capital markets inresearch, corporate finance and corporate broking roles at ANZ, Beeson Gregory,HSBC and, most recently, at Seymour Pierce. After reading history at CambridgeUniversity, he qualified as a Chartered Accountant with PWC in its Londonoffice. Over the last five years, Alan has gained significant knowledge of Asiancompanies, working on financing strategies including fundraisings in London. Heworked on the IPO of Origo in December 2006 and is familiar with the activitiesof the Company. Chris Rynning, CEO of Origo, commented: "We are delighted to welcome Alan to theteam. Having followed Origo for the last two years in his previous capacity asa research analyst, Alan is very familiar with the Company and its portfolio ofinvestments. We take pride in being able to recruit someone of his calibre andwe are confident that his network and broad capital market experience willbenefit the company as we continue to expand our asset base and raise furtherfunds for our portfolio companies." ENDS Further information: Origo Sino-India PLC +86 1390 124 6417Chris Rynning chris@origoplc.com Nominated Adviser: +44 (0)20 7131 4000Smith & Williamson Corporate Finance LimitedAzhic Basirov Broker: +44 (0)20 3100 2223Liberum Capital LimitedSimon Atkinson Public Relations: +44 (0)20 7321 0000Aura FinancialMichael Oke/Andy Mills Notes to editors: Origo Sino-India PLC ("Origo"): • Origo is an established private equity investor and strategic consultancy business, which provides its shareholders with exposure to growth opportunities and private equity returns in China and India. • 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 is aligned with two major institutions which provide a source of high quality deal flow. In China, Origo works closely with China Equity, a leading private equity firm, whose chief executive is a member of Origo's board. In India, Origo has entered into a memorandum of understanding with SBI Capital Markets, one of the longest established companies in the Indian Capital Markets. A former chairman of the State Bank of India is also a member of the board of Origo. • On its admission to AIM in December 2006 Origo raised £12.8 million gross of new money via a placing of 25,673,238 Ordinary Shares at 50 pence per share. Each ordinary share carried a warrant exercisable at 55p. • Origo has a significant portfolio of investments in a range of industrial sectors, including mobile applications and content; natural resources; art and paper products; furniture; food and beverage; online gaming; anti-virus software; and bio energy. This information is provided by RNS The company news service from the London Stock Exchange