
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Origo Partners Plc | LSE:OPP | London | Ordinary Share | IM00B1G3MS12 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.075 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMOPP TIDMOPPP
RNS Number : 8953Z
Origo Partners PLC
27 January 2022
27 January 2022
Origo Partners Plc ("Origo" or "the Company")
Sale of Six Waves Inc.
Origo has sold its entire interest in Six Waves Inc., a Hong Kong based gaming company. The buyer was that company's majority shareholder. The cash consideration of USD 2,182,543 has been received. Origo had invested USD 240,000 in Six Waves Inc. in 2012 and had carried the asset at nil.
In accordance with Origo's previously announced strategy, Origo will return to shareholders all excess capital. Pursuant to the Company's Articles of Association, eighty per cent of any distributable amount will be paid to the holders of the Company's redeemable preference shares and twenty per cent of any distributable amount will be paid to holders of the Company's ordinary shares.
Further announcements will be made in due course.
Ends
For further information about Origo please visit www.origopartners.com or contact:
Origo Partners plc 55 Street John Chapman Douglas Chairman Isle of Man IM1 1LA Nominated Adviser and Broker Arden Partners plc Richard Johnson +44 (0)20 7614 5900
The information contained within this announcement is deemed by the Company to constitute inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 ("MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. With the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DISPPUBUGUPPGAM
(END) Dow Jones Newswires
January 27, 2022 10:16 ET (15:16 GMT)
1 Year Origo Partners Chart |
1 Month Origo Partners Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions