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Change of Adviser

15th Mar 2019 07:00

RNS Number : 8883S
Origo Partners PLC
15 March 2019
 

 

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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