7 Mar 2011 12:07
7 March 2011 |
Not for release, publication or distribution in whole or in part, in or into the United States, Canada, Australia or Japan or any other jurisdiction if to do so would constitute a violation of the relevant laws of such jurisdiction.
For immediate release
Origo Partners plc
("Origo" or "the Company")
Result of General Meeting and Admission
Further to previous announcements in connection with the fundraising of $60 million, before commissions and expenses, through a placing ("Placing") of 60 million new redeemable, convertible, zero-dividend preference shares (the "Convertible Preference Shares"), the Company confirms that all the resolutions proposed at the general meeting of shareholders earlier today were duly passed.
It is expected that the 60 million Convertible Preference Shares, the issuance of which was conditional on the passing of the resolutions at the general meeting, will be admitted to trading on AIM at 8.00 a.m. on 8 March 2011.
Contacts:
Origo Partners plc Chris Rynning (chris@origoplc.com) Niklas Ponnert (niklas@origoplc.com)
|
+86 1390 124 6417
+86 1351 106 1672 |
Nominated Adviser and Broker Liberum Capital Limited Simon Atkinson / Richard Bootle
| +44 (0)20 3100 2222 |
Public Relations Aura Financial Andy Mills / Nina Legge | +44 (0)20 7321 0000 |
About Origo Partners plc:
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 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").