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Niutech Divestment

17 Jan 2019 07:00

RNS Number : 3213N

Origo Partners PLC

17 January 2019

NOT FOR RELEASE IN ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA OTHER THAN THE UNITED KINGDOM

17 January 2019

Origo Partners plc

Sale of Shares in Niutech Energy Limited

Origo Partners Plc has sold its remaining interest in Niutech Energy Limited for approximately USD 2.1 million and has received 90 per cent of the sale proceeds with the remainder due upon the fulfillment of certain conditions. The sale price was at a discount of 20% to book value, partially reflecting depreciation of the RMB as against the US dollar since the last reporting period. Origo Partners Plc expects to use the proceeds of this sale for general corporate purposes.

Ends

For further information about Origo Partners plc please visit www.origoplc.com or contact:

Origo Partners plc

John Chapman

Chairman

IOMA House

Hope Street

Douglas

Isle of Man IM1 1AP

Nominated Adviser and Broker

Arden Partners plc

Steve Douglas

Ben Cryer

Tom Price

+44 (0)20 7614 5900

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DISDDGDBCUBBGCL

Date		Source	Headline
16th Jun 2008	8:00 am	RNS	Directorate Change
30th May 2008	10:03 am	RNS	Final Results
16th Apr 2008	7:00 am	RNS	New appointment
10th Apr 2008	4:30 pm	RNS	Assignment of loan
31st Mar 2008	2:59 pm	RNS	Total Voting Rights
31st Mar 2008	2:54 pm	RNS	Result of EGM
13th Mar 2008	8:00 am	RNS	Grant of options
13th Mar 2008	7:01 am	RNS	Further investments
13th Mar 2008	7:00 am	RNS	Placing and trading update
27th Feb 2008	2:38 pm	RNS	Placing and adviser change
28th Jan 2008	7:00 am	RNS	Completion of investments
10th Dec 2007	10:32 am	RNS	Exercisability of warrants
10th Dec 2007	9:33 am	RNS	US$100 million Fund Launch
20th Nov 2007	11:45 am	RNS	Private Equity Fund
9th Oct 2007	10:07 am	RNS	Company Update
20th Sep 2007	7:01 am	RNS	Interim Results
19th Sep 2007	9:33 am	RNS	Directorate Change
4th Sep 2007	7:01 am	RNS	Re Agreement
28th Aug 2007	9:14 am	RNS	Increase in holding
17th Aug 2007	3:34 pm	RNS	AIM Rule 26
10th Aug 2007	9:06 am	RNS	Everest Kanto engage Origo
25th Jul 2007	10:13 am	RNS	Investment
13th Jul 2007	3:00 pm	RNS	Notice of AGM
29th Jun 2007	7:01 am	RNS	Annual Report and Accounts
22nd Jun 2007	4:25 pm	RNS	Final Results - correction
22nd Jun 2007	7:33 am	RNS	Letter of Intent Signed
22nd Jun 2007	7:01 am	RNS	Final Results
14th Jun 2007	11:35 am	RNS	Investment in Fans Media
31st May 2007	11:32 am	RNS	Issue of convertible notes
24th May 2007	12:41 pm	RNS	Issue of Loan Note
17th May 2007	9:17 am	RNS	Issue of Convertible Note
16th May 2007	9:56 am	RNS	Major interest in shares
11th May 2007	1:32 pm	RNS	Stmnt re Share Price Movement
24th Apr 2007	10:56 am	RNS	Appointment
4th Apr 2007	10:03 am	RNS	Statement re Investment
2nd Apr 2007	12:07 pm	RNS	Exchange of Shares
20th Mar 2007	10:33 am	RNS	Holding(s) in Company
13th Mar 2007	7:01 am	RNS	Holding(s) in Company
12th Mar 2007	10:28 am	RNS	Investment in company
8th Mar 2007	9:46 am	RNS	Investment
7th Mar 2007	11:20 am	RNS	Investment in Company
27th Feb 2007	3:54 pm	RNS	Holding(s) in Company
27th Feb 2007	9:26 am	RNS	Investment
19th Jan 2007	1:07 pm	RNS	Total Voting Rights
12th Jan 2007	9:49 am	RNS	Re: Investment
11th Jan 2007	9:41 am	RNS	Investment Agreement
21st Dec 2006	10:50 am	RNS	Admission to AIM

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