6 Dec 2021 15:34
6 December 2021
Origo Partners Plc ("the Company")
Notice of AGM
The Company announces that a Notice of Annual General Meeting is being posted to shareholders today. The Annual General Meeting ("AGM") will be held at the registered office of the Company, 55 Athol Street, Douglas, Isle of Man at 10.00 am on 24 December 2021. Due to the current Covid-19 situation the AGM will be held as a closed meeting and shareholders will be prevented from attending the AGM in person and are instead strongly encouraged to complete and return the Form of Proxy in accordance with the instructions printed thereon.
Company Update
The Company also today provides an update on the efforts to wind up the Company and return capital to shareholders. We had hoped that by now the Company would have been wound up and a liquidator appointed but due to the global pandemic that has not been possible. The Celadon Mining Ltd transaction referred to in our last interim report has not yet been completed. The Board is in communication with Celadon's controlling shareholder and is awaiting further information on that transaction's completion. The Board has also announced that it has put up for auction its entire interest in Moly World Ltd and will accept bids commencing 6 December 2021 through 5 January 2022 with an announcement of the results promptly thereafter. We will update the market as and when additional information is received.
Ends
A copy of the AGM Notice and Form of Proxy will shortly be available at www.origopartners.com:
Enquiries:
Origo Partners plc John Chapman Chairman | 55 Athol Street Douglas Isle of Man IM1 1LA |
Nominated Adviser and Broker Arden Partners plc Richard Johnson | +44 (0)20 7614 5900 |
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.