Crown Place VCT PLC Reduction In Share Capital And Cancellation Of Capital Redemption And Share Premium Reserves
February 13 2018 - 11:57AM
UK Regulatory
TIDMCRWN
Crown Place VCT PLC
Reduction in share capital and cancellation of capital redemption and
share premium reserves
LEI Code 213800SYIQPA3L3T1Q68
Crown Place VCT PLC (the 'Company') obtained authority to reduce the
nominal value of its ordinary shares from 10 pence to 1 penny and cancel
the amount standing to the credit of its share premium and capital
redemption reserves at the Annual General Meeting on 8 November 2017.
The purpose of the proposal was to increase the distributable reserves
available to the Company for the payment of dividends, the buy-back of
shares, and for other corporate purposes.
The proposal received the consent of the Court on 13 February 2018, and
the changes have been registered at Companies House. Therefore, with
effect from 13 February 2018, the share capital of the Company will have
a nominal value of 1 penny per share.
New share certificates will not be issued following these changes and
existing certificates will remain valid.
For further information please contact:
Albion Capital Group LLP
Company Secretary
Tel: 020 7601 1850
13 February 2018
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Crown Place VCT PLC via Globenewswire
http://www.closeventures.co.uk
(END) Dow Jones Newswires
February 13, 2018 11:57 ET (16:57 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Crown Place Vct (LSE:CRWN)
Historical Stock Chart
From Apr 2024 to May 2024
Crown Place Vct (LSE:CRWN)
Historical Stock Chart
From May 2023 to May 2024