Further re Reduction of Capital
River Global PLC announces that its capital reduction, approved by shareholders on June 25, 2026, became effective on August 5, 2026, upon registration of the Court Order. Following this, CREST accounts will be credited and share certificates despatched for Initial Consideration Shares to D Shareholders by August 26, 2026. Importantly, updated tax advice indicates that stamp duty reserve tax is no longer anticipated on the transfer of these shares, a positive development for D Shareholders. The total number of shares admitted to trading remains unchanged by this capital reduction.
Select text to share a quote on X · sign in to keep highlights & notes in your RVRB notes
Further to the announcement of 7 August 2026, the Company is pleased to announce that the reduction of capital approved by Shareholders at the general meeting of the Company held on 25 June 2026 (the "Capital Reduction") as more particularly described in the circular to Shareholders published on 9 June 2026 (the "Circular") became effective on 5 August 2026 on the registration of the Court Order and accompanying statement of capital by the Registrar of Companies.
Following the Capital Reduction having become effective, CREST accounts will be credited, and share certificates despatched, in respect of the Initial Consideration Shares transferred to D Shareholders as at the Capital Reduction and Return of Capital Record Time pursuant to the Return of Capital on 26 August 2026, being within fourteen days from the date on which the Certificate of Registration of the Court Order issued by the Registrar of Companies became available on the Company's filing history at Companies House.
The number of shares admitted to trading is unchanged by the Capital Reduction.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.