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Pin to quick picksSabre Insur Regulatory News (SBRE)

Share Price Information for Sabre Insur (SBRE)

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Share Price: 156.00
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Change: -2.00 (-1.27%)
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Open: 159.00
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Cancellation of share premium account

27 Jun 2018 10:59

RNS Number : 7604S
Sabre Insurance Group PLC
27 June 2018
 

 

 

 

27 June 2018

For immediate release

 

Sabre Insurance Group plc (the "Company")

Cancellation of share premium account

As contemplated in the Company's IPO prospectus dated 23 November 2017 and pursuant to a shareholder resolution passed on 21 November 2017, the Company is pleased to announce that it has completed a reduction of capital, whereby £205,120,550.67 standing to the credit of the Company's share premium account was cancelled and an equivalent amount has been credited to the Company's distributable reserves (the "Cancellation"). The Cancellation was confirmed by an order of the High Court of Justice of England and Wales and became effective on 26 June 2018.

For further information please contact:

Anneka KinganCompany SecretaryTel: 01306 735958Sabre Insurance Group plcLEI code: 2138006RXRQ8P8VKGV98

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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