23rd Feb 2009 15:30
23 February 2009
PME AFRICAN INFRASTRUCTURE OPPORTUNITIES PLC
("PME" or the "Company") (AIM: PMEA.L; PMEW.L)
Buy-back of shares
PME African Infrastructure Opportunities plc, an investment company established to invest in sub-Saharan African infrastructure and infrastructure related industries, announces that it has instructed its broker, Fairfax I.S. plc, to purchase PME ordinary shares in the market, within the limit of the authority received from shareholders at the Company's last Annual General Meeting.
For further information on the Company, please refer to the website at www.pmeinfrastructure.com.
Further enquiries:
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Smith & Williamson
Corporate Finance Limited
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Azhic Basirov
Siobhan Sergeant
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+44 20 7131 4000
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Fairfax I.S. PLC
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James King
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+44 20 7598 5368
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Bell Pottinger
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Dan de Belder
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+44 20 7861 3232
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On behalf of
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Helvetica (Isle of Man)
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Clara Parisot
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+41 798 249 788
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Company Limited
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Note to Editors:
- PME African Infrastructure Opportunities plc ('PME') is a company investing in sub-Saharan African infrastructure and infrastructure related industries. Its shares were admitted to AIM in July 2007 raising US$180 million.
- PME was established to invest in sub-Saharan African infrastructure and infrastructure related industries with a view to generating attractive returns, principally through capital growth. It is targeting opportunities arising from years of under investment in sub-Saharan African infrastructure where that infrastructure will be instrumental in allowing the continent's economic development to continue to grow.
- The Investment Manager is PME Infrastructure Managers Limited ('PMEIM'). The Investment Manager is responsible for identifying new investment opportunities.
- PMEIM is a joint venture between Principle Capital Holdings S.A. (AIM: PCX.L), Unicos Partners LLP (holding company of the Helvetica Group of companies), Masazane Capital (Pty) Limited and the interests of Richard Bouma, CEO of PMEIM.
Related Shares:
PMEA.L