15 Mar 2019 07:00
15 March 2019
Origo Partners Plc
Termination of Origo Advisers Ltd. For Cause
Origo Partners Plc has terminated its investment advisor, Origo Advisers Ltd, with immediate effect for cause. The board will continue to monitor the company's portfolio with a view to liquidating the company's remaining assets and returning excess capital to shareholders. The board is considering whether completion of this process is most effectively accomplished by the board directly or by retaining a new advisor.
Further announcements will be made in due course
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Ends
For further information about Origo 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 Tom Price Steve Douglas Ben Cryer | +44 (0)20 7614 5900 |