31st Mar 2008 14:54
Origo Sino-India PLC31 March 2008 31 March 2008 Origo Sino-India PLC Results of EGM Origo Sino-India Plc ("Origo" or the "Company") (LSE: OSI) is pleased toannounce that all resolutions proposed at this morning's extraordinary generalmeeting were duly passed. As a result, the Company has issued 28,286,499 new ordinary shares of £0.0001each (the "New Ordinary Shares") to funds managed by GLG Partners LP.Application has been made for the New Ordinary Shares to be admitted to tradingon AIM and admission is expected to take place tomorrow. ENDS Further information: Origo Sino-India PLC +86 1390 124 6417Chris [email protected] Nominated Adviser:Smith & Williamson Corporate Finance Limited +44 (0)20 7131 4000Azhic Basirov Broker:Liberum Capital Limited +44 (0)20 3100 2223Simon Atkinson Public Relations: +44 (0)20 7321 0000Aura FinancialMichael Oke/Andy Mills Notes to editors:Origo Sino-India Plc ("Origo"): • Origo is an established private equity investor and strategic consultancy business, which provides its shareholders with exposure to growth opportunities and private equity returns in China and India. • 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 is aligned with two major institutions which provide a source of high quality deal flow. In China, Origo works closely with China Equity, a leading private equity firm, whose chief executive is a member of Origo's board. In India, Origo has entered into a memorandum of understanding with SBI Capital Markets, one of the longest established companies in the Indian Capital Markets. A former chairman of the State Bank of India is also a member of the board of Origo. • On its admission to AIM in December 2006 Origo raised £12.8 million gross of new money via a placing of 25,673,238 Ordinary Shares at 50 pence per share. Each ordinary share carried a warrant exercisable at 55p. • Origo has a significant portfolio of investments in a range of industrial sectors, including mobile applications and content; natural resources; art and paper products; furniture; food and beverage; online gaming; anti-virus software; and bio energy. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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