RE: Capital reduction29 Apr 2026 08:14
It really helps to read...
"On completion of the Capital Reduction, the Company’s Share Premium Account will be reduced by £149,000,000 and, subject to the Court being satisfied with the Company’s approach to creditors as outlined below, the entire amount resulting from such capital reduction will be applied to the Company’s
distributable reserves. The completion of the Capital Reduction will not affect the rights attaching to the Ordinary Shares and will not result in any change to the number of Ordinary Shares in issue (or their nominal value)."