24 Dec 2019 07:00
Origo Partners PLC
("Origo" or the "Company")
Investors Update
The Board of Directors of Origo (the "Board") notes that the liquidity event for Celadon Mining which had been predicted by Celadon Mining to occur in November 2019 has not occurred at this stage. The Board will provide a further update in due course; however, as previously noted the Board has no oversight over the Celadon sale process.
The Board expects to put the Company's remaining assets up for auction in January. A further announcement identifying those assets and the auction procedures will be made next year.
For further information, please contact:
Origo Partners plc IOMA House, Hope Street, Douglas
John Chapman Isle of Man, IM1 1AP
Chairman
Nominated Adviser and Broker
Arden Partners plc +44 (0)20 7614 5900