Fenner PLC Capital Reduction (4671D)
2016年7月7日 - 12:51AM
RNSを含む英国規制内ニュース (英語)
TIDMFENR
RNS Number : 4671D
Fenner PLC
06 July 2016
6(th) July 2016
Fenner PLC
("Fenner")
Confirmation of Capital Reduction Exercise
Fenner is pleased to confirm that it has today received the
confirmation of the High Court in London approving Fenner's
reduction of share capital ("Reduction") and the cancellation of
the amount standing to the credit of Fenner's share premium account
("Cancellation") as proposed in Fenner's AGM Notice dated 9(th)
December 2015.
A Claim Form was issued on 10 June 2016 seeking confirmation of
the Reduction and Cancellation and it was heard before a Companies
Court Registrar at The Royal Courts of Justice, 7 Rolls Building,
Fetter Lane, London EC4A 1NL, earlier today.
Following the registration of Fenner's statement of capital and
the Court order dated 6 July 2016 at Companies House; it was
confirmed that the Reduction and Cancellation has created GBP127.98
million of additional distributable reserves out of the Company's
share premium account and merger reserve. These distributable
reserves will be available to form part of distributions to
shareholders, or for any other corporate purposes the Directors may
consider appropriate, in the future.
Debra Bradbury
Group Company Secretary
Tel: 01482 626500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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July 06, 2016 11:51 ET (15:51 GMT)
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