Share Premium Reduction13 Jun 2025 13:06
Confirmation of the cancellation of the Company's Share Premium Account
The Company is pleased to announce that, pursuant to an order issued by the High Court of Justice in England and Wales (the Court) for the cancellation of the amount standing to the credit of the Company's share premium account (the Share Premium Reduction), the order of the Court confirming the Share Premium Reduction, and a statement of capital approved by the Court, were duly registered by the Registrar of Companies today. Accordingly, the Share Premium Reduction has now become effective.
Details of the Share Premium Reduction were set out in the Circular containing the notice of Annual General Meeting published by the Company on 24 March 2025, and the Share Premium Reduction was approved by shareholders of the Company at the annual general meeting of the Company held on 28 April 2025. The Share Premium Reduction does not involve any distribution or payment of capital by the Company.
The Share Premium Reduction has not affected the rights attaching to the Company's ordinary shares and will not result in any change to the number of ordinary shares in issue (or their nominal value).