27 May 2015 13:50
27 May 2015
Origo Partners PLC("Origo" or the "Company")
Notice of Results
Origo announces that it intends to announce its final results for the year ended 31 December 2014 on or before 12 June 2015.
The Company's interim results, published on 30 September 2014, reported that the Company had unaudited net assets of US$90.0 million as at 30 June 2014. The prevailing macro economic environment described at the time of publication of Origo's interim report has continued, resulting in further downward revaluations of some of the Company's investments.
In addition, the directors are anticipating that the deconsolidation of China Cleantech Partners, L.P. Fund and its related entities, together with the restructuring of the Company itself, will result in a substantial reduction to Origo's net asset value as at 31 December 2014 compared to the previously reported unaudited figures as at 30 June 2014.
For further information about Origo please visit www.origoplc.com or contact:
Origo Partners plc Niklas Ponnert |
niklas@origoplc.com
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Nominated Adviser Smith & Williamson Corporate Finance Limited Azhic Basirov Ben Jeynes
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+44 (0)20 7131 4000 |
Public Relations Aura Financial Andy Mills
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+44 (0)20 7321 0000 |