Ten Entertainment Group PLC Confirmation of Reduction of Capital Exercise (4875J)

TIDMTEG

RNS Number : 4875J

Ten Entertainment Group PLC

28 June 2017

Ten Entertainment Group plc

(the "Company")

Confirmation of Reduction of Capital Exercise

The Company is pleased to confirm that it has today received the confirmation of the High Court in London approving a reduction of the Company's capital ("Capital Reduction"), following receipt of shareholder approval at the Company's general meeting on 7 June 2017.

The completion of the Capital Reduction has resulted in an increase in the distributable reserves of the Company of approximately GBP38.2m from the Company's merger reserve.

The increase in the Company's distributable reserves will support future dividend payments.

For further information please contact:

 
 Ten Entertainment Group          via Instinctif Partners 
  plc 
  Alan Hand, Chief Executive 
  Officer 
  Mark Willis, Chief Financial 
  Officer 
 Instinctif Partners 
  Matthew Smallwood 
  Guy Scarborough                 020 7457 2020

This information is provided by RNS

The company news service from the London Stock Exchange

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June 28, 2017 12:30 ET (16:30 GMT)

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