TIDMRUR

RNS Number : 2432X

Rurelec PLC

26 August 2020

Rurelec PLC

("Rurelec" or the "Company")

Reduction of Capital - Court Order Filed

Further to the announcement on 14 August 2020 the Company confirms that the Court Order approving the reduction of the Company's nominal share capital by way of cancellation of 561,387,586 deferred shares of GBP0.01 each and the cancellation of the share premium account of the Company (together, the "Reduction of Capital") has been registered at Companies House. The Capital Reduction became effective on 26 August 2020.

Following the Capital Reduction, as of 26 August 2020, the issued share capital of the Company consists of 561,387,586 ordinary shares of GBP0.01 each and the distributable reserves will amount to GBP14,620,074.

For further information please contact:

 
 Rurelec PLC               W H Ireland (Nomad & Broker) 
 Simon Morris, Director    Katy Mitchell 
  Andy Coveney, Director    Lydia Zychowska 
 Tel: 020 7549 2839/40     Tel: 020 7220 1666 
 

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END

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(END) Dow Jones Newswires

August 26, 2020 11:03 ET (15:03 GMT)

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