/NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
LONDON, Nov. 9 /CNW/ - CDC Group plc ("CDC") announces today that it has
entered into agreements separately with two purchasers to sell certain of its
common shares of Platmin Limited ("Platmin Shares") representing approximately
21.5% of the outstanding Platmin Shares.
Karrick Limited has agreed to purchase 9,577,951 Platmin Shares from CDC
on or about November 23, 2007. In addition, a wholly-owned subsidiary of
Mineral Securities Limited has agreed to purchase 11,122,049 Platmin Shares
from CDC in three transactions, of which the last is expected to complete in
January 2008. All sales are priced at CAD$9.90/sh.
Following the completion of these transactions, CDC will have reduced its
interest in Platmin to 7,274,860 Platmin Shares, representing approximately
7.5% of the outstanding Platmin Shares. CDC holds its Platmin Shares for
investment purposes and may from time to time acquire additional securities of
Platmin or dispose of some or all of its remaining investment in Platmin.
For further information:
For further information: Murray Grant, Actis Capital LLP, 2 More London
Riverside, London, SE1 2JT, Ph: 020 7234 5000