11 July 2022
Origo Partners Plc ("Origo" or "the Company")
Shareholder Update
Further to its 6 June 2022 announcement, Origo updates the market on a recent development that will affect the timing and amount of a final shareholder distribution.
As noted earlier, the Board and its administrator have been conducting an intensive review of the Company's legacy investments, one result of which was the Six Waves monetization and $1.7 million distribution earlier this year. As part of this review, the Company has recently learned of a pending class action lawsuit that may lead to a further cash distribution to Origo. The Directors are now evaluating the possibility of participating in this lawsuit and will update the market in due course.
Ends
For further information about Origo please visit www.origopartners.com or contact:
| Origo Partners plc John Chapman Chairman |
55 Athol Street Douglas Isle of Man IM1 1LA |
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