Cancellation of Admission of Securities
November 12 2009 - 11:00AM
UK Regulatory
TIDMORP
RNS Number : 4335C
Origo Resource Partners Limited
12 November 2009
Origo Resource Partners Limited
(the "ORP" or "Company")
Cancellation of Admission of Securities
Further to the announcement on 11 November 2009 the Company wishes to confirm
that it is the intention to cancel the admission to trading on AIM and the CISX
of the ordinary shares of the Company ("ORP Shares") and the warrants of the
Company ("ORP Warrants") (Tickers ORP and ORPW respectively) following the
completion of recommended merger (the "Merger") of Origo-Sino India Plc ("OSI")
and Origo Resource Partners Limited to be effected by means of a scheme of
arrangement pursuant to Part VIII of The Companies (Guernsey) Law, 2008 (the
"Scheme"). The last day of dealings in the ORP Shares and the ORP Warrants is
currently expected to be 11 December 2009.
It is expected that re-admission of ordinary shares of OSI (as enlarged pursuant
to the Merger) will take place on 14 December 2009 and that dealings for normal
settlement will resume on that date. It is currently anticipated that the
admission to trading on AIM and the CISX of the ORP Shares and ORP Warrants will
be cancelled on the same day.
The ORP Warrants will not be readmitted to trading on AIM or the CISX. However,
once the Scheme has become effective, holders of warrants in ORP will be given
notice pursuant to paragraph 3(c) of the ORP Warrant Instrument of their
entitlement to exercise their ORP Warrants within a period of 30 days following
the date of the notice. In the event that such ORP Warrants are not exercised
before the expiry of this period any outstanding ORP Warrants will lapse and be
of no further effect. ORP Warrantholders will not be offered a roll-over into
comparable warrants in OSI pursuant to the Scheme or otherwise.
Further information:
+-----------------------+---------------------+
| Origo | +86 1390 124 6417 |
| Resource | +86 1351 106 1672 |
| Partners | |
| Limited | |
| Chris | |
| Rynning | |
| (chris@origoplc.com) | |
| Niklas Ponnert | |
| (niklas@origoplc.com) | |
| | |
+-----------------------+---------------------+
| Nominated | +44 (0) 20 7601 |
| Adviser: | 6112 |
| Hanson | |
| Westhouse | |
| Limited | |
| Tim | |
| Metcalfe | |
| | |
+-----------------------+---------------------+
| Broker: | +44 (0)20 3100 2222 |
| Liberum | |
| Capital | |
| Limited | |
| Simon | |
| Atkinson | |
| | |
+-----------------------+---------------------+
| Public | +44 (0)20 7321 0000 |
| Relations: | |
| Aura | |
| Financial | |
| Andy Mills | |
| / Nina | |
| Legge | |
| | |
+-----------------------+---------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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