Reduction of Capital confirmed
Court confirms reduction of capital creating US$284.2m in distributable reserves.
- Additional distributable reserves created US$284,185,184.18
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6 November 2025 - Craneware (AIM: CRW.L), a leader in healthcare financial performance solutions, announces that the Reduction of Capital, comprising the Share Premium Reduction and the Merger Reserve Reduction approved by shareholders at the General Meeting held on 20 August 2025, has today been confirmed by the Court of Session, Edinburgh, Scotland (the "Court").
The Court order will now be registered with the Registrar of Companies, on registration of which the Reduction of Capital will become effective.
The Reduction of Capital will create additional distributable reserves of US$ 284,185,184.18. The Reduction of Capital itself does not involve any distribution or repayment of capital, share premium or merger reserve by the Company and does not reduce the underlying net assets of the Company.
Any terms used but not defined in this announcement are as defined in the announcement issued by Craneware on 1 August 2025.
Learn more at www.thecranewaregroup.com
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.