Capital Reduction
Capital reduction creates £472.9m in additional distributable reserves following court approval.
- Additional distributable reserves created £472,951,225.18
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Reduction and the Merger Reserve Reduction approved by shareholders at the Annual General Meeting held on 8 February 2023, is now effective.
This follows the confirmation of the Capital Reduction by the Companies Court, London on 19 December 2023 and the registration of the Court order with the Registrar of Companies in England and Wales on 20 December 2023.
The Capital Reduction creates additional distributable reserves to the value of
£472,951,225.18.
Terms used but not defined in this announcement are as defined in the Company's announcement of 10 November 2023.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.