RNS Number : 7401N
PME African Infrastructure Opps PLC
23 February 2009
 



23 February 2009

 

PME AFRICAN INFRASTRUCTURE OPPORTUNITIES PLC

("PME" or the "Company") (AIM: PMEA.L; PMEW.L)


Buy-back of shares


PME African Infrastructure Opportunities plc, an investment company established to invest in sub-Saharan African infrastructure and infrastructure related industries, announces that it has instructed its broker, Fairfax I.S. plc, to purchase PME ordinary shares in the market, within the limit of the authority received from shareholders at the Company's last Annual General Meeting.


For further information on the Company, please refer to the website at www.pmeinfrastructure.com.


Further enquiries:

 

Smith & Williamson 
Corporate Finance Limited
Azhic Basirov
Siobhan Sergeant
+44 20 7131 4000
 
 
 
Fairfax I.S. PLC 
James King
+44 20 7598 5368
 
 
 
Bell Pottinger 
Dan de Belder
+44 20 7861 3232
 
 
 
On behalf of
 
 
Helvetica (Isle of Man)
Clara Parisot
+41 798 249 788
Company Limited 
 
 


Note to Editors:


-    PME African Infrastructure Opportunities plc ('PME') is a company investing in sub-Saharan African infrastructure 
     and infrastructure related industries. Its shares were admitted to AIM in July 2007 raising US$180 million.


-    PME was established to invest in sub-Saharan African infrastructure and infrastructure related industries with a 
     view to generating attractive returns, principally through capital growth. It is targeting opportunities arising from 
     years of under investment in sub-Saharan African infrastructure where that infrastructure will be instrumental in 
     allowing the continent's economic development to continue to grow.


   The Investment Manager is PME Infrastructure Managers Limited ('PMEIM'). The Investment Manager is responsible 
     for identifying new investment opportunities.


   PMEIM is a joint venture between Principle Capital Holdings S.A. (AIM: PCX.L), Unicos Partners LLP (holding 
     company of the Helvetica Group of companies), Masazane Capital (Pty) Limited and the interests of Richard 
     Bouma, CEO of PMEIM.


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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