Pension Scheme Update
CEPS received £345,000 payment on account from defined benefit pension scheme wind-up surplus.
- Payment on account received £345,000
- Total surplus net of tax (estimated) £402,815
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Further to the announcement made on 5 February 2024, the Company received a payment on account on 17 April 2024 amounting to £345,000 in relation to the surplus from the wind-up of the Company's defined benefit scheme (Dinkie Heel plc Retirement Benefits Scheme ("the Scheme")).
The total surplus net of tax at 25% was estimated to be £402,815. This amount is subject to final deductions for professional fees and other costs. A further announcement will be made when the final payment is received.
The Directors of the Company accept responsibility for the content of this announcement.
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