RNS Number : 2273M
PME African Infrastructure Opps PLC
11 August 2011

11 August 2011


PME African Infrastructure Opportunities plc

("PME" or the "Company")



Cancellation of Treasury Shares



The announcement of PME's Total Voting Rights on 30 June 2010 (RNS: 58280), stated that 7,530,000 ordinary shares of USD0.01 each ("Ordinary Shares") were held in treasury following the purchase by the Company of such Ordinary Shares in May and June 2010.


On 5 August 2011, the board of PME adopted a new Treasury Share Policy which provided, inter alia, for the cancellation of Ordinary Shares held in treasury for over 12 months.  As a result of this policy, the 7,530,000 Ordinary Shares currently held in treasury have been cancelled with immediate effect.


Therefore, the Company's issued share capital comprises 143,744,752 Ordinary Shares, none of which are held in treasury.


The above figure of 143,744,752 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FSA's Disclosure and Transparency Rules.


For further information please contact:


PME Infrastructure

Managers Limited

Brian Smith

+27 11 560 8658

Smith & Williamson Corporate Finance Limited

Azhic Basirov / Siobhan Sergeant

+44 20 7131 4000

Oriel Securities Limited

Joe Winkley / Neil Winward

+44 20 7710 7600

College Hill

Mike Davies / Tony Friend

+44 20 7457 2020



This information is provided by RNS
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