Capital Reduction Update
High Court approved capital reduction cancelling share premium account balance.
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XP Factory, one of the UK's pre-eminent experiential leisure businesses operating the Escape Hunt® and Boom Battle Bar® brands is pleased to announce that the final hearing held today at the High Court of Justice approved the Company's application to cancel the amount standing to the credit of its share premium account ("Capital Reduction"), which was also approved by shareholders on 5 March 2025 and further details of which are set out in the Company's circular dated 14 February 2025.
Completion of the Capital Reduction will not affect the rights attaching to the Company's ordinary shares and will not result in any change to the number of ordinary shares in issue (or their nominal value).
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