28 Jun 2017 17:30
28 June 2017
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 Ten Entertainment Group plc
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(the "Company")Â
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Confirmation of Reduction of Capital Exercise
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The Company is pleased to confirm that it has today received the confirmation of the High Court in London approving a reduction of the Company's capital ("Capital Reduction"), following receipt of shareholder approval at the Company's general meeting on 7 June 2017.Â
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The completion of the Capital Reduction has resulted in an increase in the distributable reserves of the Company of approximately £38.2m from the Company's merger reserve.
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The increase in the Company's distributable reserves will support future dividend payments.
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For further information please contact:
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Ten Entertainment Group plc Alan Hand, Chief Executive Officer Mark Willis, Chief Financial Officer  | via Instinctif Partners |
Instinctif Partners Matthew Smallwood Guy Scarborough | 020 7457 2020 |
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