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Pin to quick picksSmithson Invest Regulatory News (SSON)

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Smithson is an Investment Trust

To provide Shareholders with long term growth in value through exposure to a diversified portfolio of shares issued by small and mid-sized listed or traded companies globally with a market cap of between GBP500 m to GBP15 bn.

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Confirmation of Capital Reduction

1 Mar 2023 11:10

RNS Number : 5323R
Smithson Investment Trust PLC
01 March 2023
 

Smithson Investment Trust plc

 

(the "Company")

 

Confirmation of Capital Reduction

1 March 2023 LEI: 52990070BDK2OKX5TH79

 

 

Further to the announcement made by the Company on 6 February 2023, the Board of Directors of the Company (SSON: LSE) announces that the reduction of capital involving the reduction of the share premium account of the Company by £500 million (the "Capital Reduction"), was confirmed yesterday by the High Court of Justice of England and Wales (the "Court").

 

The Court order confirming the Capital Reduction, and a statement of capital approved by the Court, are expected to be registered by the Registrar of Companies no later than 16 March 2023 and following their registration at Companies House, the Capital Reduction process will be complete.

 

Full details of the Capital Reduction are set out in the notice of the general meeting which was sent to shareholders of the Company on 19 January 2023 (the "Notice"). The Notice is also available for inspection on the Company's website.

 

 

 

 

Enquiries

Apex Listed Companies Services (UK) Limited

Company Secretary

+44 2039 748046

 

 

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