8th Feb 2010 14:23
8 February 2010
Origo Partners plc ("Origo")
Holding in Company
The Company was notified on 8 February 2010 that, as at the same date, Spearpoint Limited ("Spearpoint"), through its nominee, Secure Nominees Limited, holds 17,494,291 ordinary shares in the Company ("Ordinary Shares"), representing 7.95% of the issued share capital. Of these, 12,344,208 Ordinary Shares, representing 5.61% of the issued share capital, are held on behalf of Spearpoint's customers on a discretionary managed basis. Spearpoint has a discretionary mandate over a further 4,360,000 Ordinary Shares which are not registered in its nominee.
For further information about Origo please visit www.origoplc.com or contact:
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Origo Partners plc Chris Rynning Niklas Ponnert
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+86 1390 124 6417
+86 1351 106 1672 |
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Nominated Adviser: Smith & Williamson Corporate Finance Limited Azhic Basirov
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+44 (0)20 7131 4000 |
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Broker: Liberum Capital Limited Simon Atkinson
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+44 (0)20 3100 2222 |
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Public Relations: Aura Financial Andy Mills / Nina Legge |
+44 (0)20 7321 0000 |
Notes to editors:
Origo Partners:
·; Origo is an established private equity investor and strategic consultancy business, which provides its shareholders with exposure to growth opportunities and private equity returns based on the China growth story.
·; Origo's business model is to generate capital gains from private equity investment in growth companies from which it also generates fees for consultancy services related to further fundraisings, M&A and strategic development.
·; Origo signed a memorandum of understanding with GLG Partners LP in March 2008 to explore asset management and advisory opportunities in China, India and other markets.
·; Origo has a significant portfolio of investments in a range of industrial sectors, including metals and mining, agriculture, renewable energy/clean tech and technology, telecom and media ("TMT").
Related Shares:
OPP.L