10th Jul 2015 07:00
10 July 2015
Origo Partners PLC
("Origo" or the "Company")
Announcement re Isle of Man Court Proceedings
Further to the Company's 10 June 2015 announcement, the Isle of Man Court yesterday handed down judgment in the Isle of Man Court proceedings in favour of the Company, and has confirmed that the Articles bear the meaning propounded by the Company. The Company is pleased with this positive outcome to the Isle of Man proceedings.
The Company remains committed to attempting to work with holders of convertible zero dividend preference shares in the Company to achieve a mutually acceptable resolution to concerns raised. Further announcements with regards to this matter will be made in due course, as appropriate.
For further information about Origo please visit www.origoplc.com or contact:
Origo Partners plc Niklas Ponnert |
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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 |
Related Shares:
OPP.L