Return of Capital Update
Helical PLC confirms the redemption of its B Shares, part of a previously announced return of capital of approximately £12 million, with proceeds expected to be dispatched to shareholders on August 4, 2026. Following this and a share consolidation, the company's total issued share capital comprises 117,481,200 ordinary shares, with 985,873 held in treasury, resulting in 116,495,327 total voting rights.
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Following its announcement on 22 May 2026 in relation to the proposed return of capital of approximately £12 million by the Company by way of a B Share Scheme, the Company confirms that the redemption of the B Shares issued pursuant to the B Share Scheme will occur today.
It is expected that the proceeds from the redemption of the B Shares will be dispatched to relevant Shareholders or CREST accounts credited (as appropriate) on Tuesday 4 August 2026.
In accordance with the FCA's Disclosure Guidance and Transparency Rule 5.6.1(A), the Company confirms that, following completion of the B Share Scheme and Share Consolidation, the Company's total issued share capital consists of 117,481,200 Ordinary Shares of 1.05 pence each of which the Company holds 985,873 New Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 116,495,327.
Capitalised terms used in this announcement which are not otherwise defined have the same meaning as set out in the explanatory circular regarding the B Share Scheme and the Share Consolidation, and containing a notice of general meeting, published on 30 June 2026 (the "Circular").
A copy of the Circular is available at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the
Company's website at www.helical.co.uk.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.