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Origo

Legal Proceedings Report Jul 10, 2015

2208_rns_2015-07-10_cee77ea2-12db-4324-b81c-4b4bf5e41ee7.html

Legal Proceedings Report

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RNS Number : 6782S

Origo Partners PLC

10 July 2015

10 July 2015

Origo Partners PLC

("Origo" or the "Company")

Announcement re Isle of Man Court Proceedings

Further to the Company's 10 June 2015 announcement, the Isle of Man Court yesterday handed down judgment in the Isle of Man Court proceedings in favour of the Company, and has confirmed that the Articles bear the meaning propounded by the Company.  The Company is pleased with this positive outcome to the Isle of Man proceedings.

The Company remains committed to attempting to work with holders of convertible zero dividend preference shares in the Company to achieve a mutually acceptable resolution to concerns raised.  Further announcements with regards to this matter will be made in due course, as appropriate.

For further information about Origo please visit www.origoplc.com or contact:

Origo Partners plc

Niklas Ponnert
[email protected]
Nominated Adviser

Smith & Williamson Corporate Finance Limited

Azhic Basirov

Ben Jeynes
+44 (0)20 7131 4000
Public Relations

Aura Financial

Andy Mills
+44 (0)20 7321 0000

This information is provided by RNS

The company news service from the London Stock Exchange

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