RNS Number : 9351J
PME African Infrastructure Opps PLC
09 April 2010
 



 

 

9 April 2010

 

PME AFRICAN INFRASTRUCTURE OPPORTUNITIES PLC

("PME" or the "Company)

(AIM:PMEA.L; PMEW.L)

 

Notice of Results

 

 

PME African Infrastructure Opportunities Plc, an investment company established to invest in sub-Saharan African infrastructure and infrastructure related industries, announces that the review of its financial results for the year to 31 December 2009 indicates that net asset value ("NAV") per share has remained stable, a limited decrease in overall NAV being compensated by a reduction in the number of ordinary shares in issue resulting from share buybacks over the course of the year. 

 

Further to the announcement on 15 February 2010, the Company now expects to release its results for the year to 31 December 2009 by the end of April 2010.

 

Further enquiries:

 

PME Infrastructure Managers Limited

 

Richard Bouma

+41 22 908 1190

Smith & Williamson Corporate Finance Limited

 

Azhic Basirov / Siobhan Sergeant

+44 20 7131 4000

Fairfax I.S. PLC

 

James King / Gillian McCarthy

+44 20 7598 5368

Bell Pottinger

 

Dan de Belder

+44 20 7861 3232

On behalf of

Helvetica (Isle of Man) Company Limited

 

Clara Parisot

+41 798 249 788

Principle Capital

Mark Whitfeld

+44 20 7240 3222

 

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
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