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19 Mar 2020 16:17
19 March 2020
RiverFort Global Opportunities PLC
("RGO" or the "Company")
Capital reorganisation and reduction
Further to the Company's recent announcement on 4 March 2020 that at the General Meeting held at 11.30am on 4 March 2020, all resolutions in connection with the capital reorganisation and reduction were passed, the Company is pleased to provide an update on this process.
Following the passing of the resolution to approve the capital reduction, the Company has now applied to the Court for confirmation that the Company's share premium account, capital redemption reserve and deferred shares in the capital of the Company be cancelled and extinguished. The first Court directions hearing was held on Wednesday 18 March 2020 and it is expected that the date of the capital reduction will be 31 March 2020, based upon the final hearing at which the capital reduction is expected to be confirmed by the Court, taking place on Tuesday 31 March 2020.
For more information please contact:
RiverFort Global Opportunities plc | +44 20 3368 8978 | |
Phillip Haydn-Slater, Non-executive Chairman | ||
Nominated Adviser | +44 20 7628 3396 | |
Beaumont Cornish | ||
Roland Cornish/Felicity Geidt | ||
Joint Broker | +44 20 7186 9950 | |
Shard Capital Partners LLP | ||
Damon Heath/ Erik Woolgar | ||
Joint Broker | +44 20 7562 3351 | |
Peterhouse Capital Limited | ||
Lucy Williams |
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