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Nominated Adviser and Broker Retained 20.05.08 PDF Print E-mail
Nominated Adviser and Broker Retained 20.05.08

Geo Genesis Group Limited / Ticker: GEOP / Market: PLUS

 

20 May 2008

 

Geo Genesis Group Limited (`Geo Genesis' or the `Company')

 

Nominated Adviser and Broker retained for China Partners Private Equity Ltd

 

Geo Genesis, an emerging markets advisory and investment company, announces that its wholly-owned subsidiary China Partners Private Equity Ltd. ("CPPE"), an investment company incorporated in Bermuda, has engaged the services of a Nominated Adviser and Broker to assist in the proposed placing of up to US$100 million and admission of CPPE's enlarged share capital to trading on the AIM market of the London Stock Exchange plc.

 

CPPE was set up to focus on pre-IPO investment opportunities in growth companies based in China that qualify for international listings as well as those that choose to qualify for domestic listings on the Shanghai and Shenzhen Stock Exchanges.

 

The investments of CPPE will be managed by Geo Genesis's wholly owned management company, China Partners Capital Management Ltd., pursuant to a management agreement structured on a 2 per cent. asset management fee and a 20 per cent. profit sharing basis.

 

Roger Bendelac, Chief Executive Officer of Geo Genesis said, "We are delighted to advance the development of the first of our three investment companies. CPPE's unique structure and Chinese institutional support will enable us to consider many growth opportunities, including companies that will increasingly seek a domestic public market quotation in China."

 

The Directors of Geo Genesis accept responsibility for this announcement.

 

* * ENDS * *

 

For further information visit www.geogenesisgroup.com or contact:

 

Roger Bendelac, CEO    Geo Genesis Group Limited    Tel: +1 (917) 969 5475

John Bridges                  Orange Corporate Finance       Tel: 020 3301 3356

Hugo de Salis                 St Brides Media & Finance     Tel: 020 7236 1177

Chris Welsh                   St Brides Media & Finance      Tel: 020 7263 1177

 

Notes to Editors

 

Geo Genesis Group Limited, a Marshall Islands registered company which listed on PLUS in April 2008, operates as an investment vehicle and/or strategic adviser to companies based and/or operating in emerging markets, primarily focused in China, seeking to raise capital in the EU, Hong Kong and the United States. Its key objectives are to generate revenue and/or acquire equity positions in investee companies, advisory clients or assets in emerging markets. The Company is also establishing various sector specific private equity closed-end investment companies to invest in investee companies
directly.

 

END

 
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