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Director/PDMR Shareholding

29th Sep 2009 11:55

RNS Number : 8540Z

PME African Infrastructure Opps PLC

29 September 2009

PME African Infrastructure Opportunities plc ("the Company")

Director/PDMR Dealing

The Company has been notified that, on 28 September 2009, Pug Investments Limited acquired 16,042,133 ordinary shares at a price of US$0.60 per share, representing 10.45 per cent. of the Company's issued share capital. This represents the total holding of Pug Investments Limited in the Company.

Pug Investments Limited is a wholly owned subsidiary of Principle Capital Investment Trust plc of which Brian Myerson, a non-executive director of the Company and an executive director of PME Investment Managers Limited, is an executive director. Further, Principle Capital Holdings SA, a significant shareholder of which is a trust of which Brian Myerson is a possible beneficiary, has interests in both Principle Capital Investment Trust plc and PME Investment Managers Limited. Mr Myerson has no further interests in the Company's issued share capital.

For further information on the Company, please refer to the website at www.pmeinfrastructure.com.

Further enquiries:

Smith & Williamson Corporate Finance Limited	Dr Azhic Basirov Siobhan Sergeant	+44 20 7131 4000

Fairfax I.S. PLC	James King	+44 20 7598 5368

Bell Pottinger	Dan de Belder	+44 20 7861 3232

On behalf of
Helvetica (Isle of Man)	Clara Parisot	+41 798 249 788
Company Limited

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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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