Origo

Legal Proceedings Report • Dec 23, 2015

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RNS Number : 9523J

Origo Partners PLC

23 December 2015

23 December 2015

Origo Partners PLC

("Origo" or the "Company")

Update re Dispute Resolution and Proposed Restructuring

Origo announced on 29 September 2015 that it was in the process of negotiating and finalising a detailed set of restructuring proposals which would serve, inter alia, to restructure the Company's convertible zero dividend preference shares and to settle the ongoing dispute with Brooks Macdonald Group plc ("BM").

The Company has since engaged with BM and whilst progress has been slower than anticipated, the Company continues to work towards the finalisation of a set of detailed proposals which will be described in a circular to be sent to shareholders as soon as practicable in early 2016.

Further announcements will be made, as appropriate, in this regard in due course.

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

Origo Partners plc Niklas Ponnert	niklas@origoplc.com
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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