Origo Sino-India PLC
13 March 2008
13 March 2008
Origo Sino-India plc ('the Company')
Grant of Options
The Company announces today the grant of 2 million options for the benefit of
Niklas Ponnert, Chief Financial Officer and Director of the Company, and 1.8
million options to several other key personnel of the Company, all pursuant to
existing share option plans. The options are exercisable at an exercise price of
59.85p.
ENDS
Further information:
Origo Sino-India PLC +86 1390 124 6417
Chris Rynning
chris@origoplc.com
Nominated Adviser:
Smith & Williamson Corporate Finance Limited +44 (0)20 7131 4000
Azhic Basirov
Broker:
Liberum Capital Limited +44 (0)20 3100 2223
Simon Atkinson
Public Relations: +44 (0)20 7321 0000
Aura Financial
Michael 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 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, such as: mobile applications and content; natural resources;
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 Exchange