capital reduction11 Oct 2016 23:18
does anyone know what happened to the 2015 capital reduction. At the 2015 AGM it was voted for but no application was sent to the court (as far as I am aware). Now its voted for again at the 2016 AGM. Awaiting court application.
2015
If the Capital Reduction is implemented, an aggregate amount of £3,144,875 will be credited to the Company's profit and loss account eliminating the accumulated deficit of £3,060,093 at 31 March 2015
2016
If the Capital Reduction is implemented, an aggregate amount of £3,260,237will be credited to the Company's profit and loss account eliminating the accumulated deficit of £3,165,667 at 31 March 2016