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Capital Reduction

10 Sep 2012 17:14

RNS Number : 9344L
Terrace Hill Group PLC
10 September 2012
 



Terrace Hill Group PLC

 

 

Capital Reduction confirmed by Court of Session

 

 

10 September 2012

Further to the General Meeting of Terrace Hill Group PLC held on Thursday 2 August 2012, at which the resolution set out in the Notice of Meeting dated 13 July 2012 to reduce the Company's share premium account by £25.0 million was passed unanimously by Shareholders, the resolution was confirmed by an Order of the Court of Session in Edinburgh on 7 September 2012. The Order was registered pursuant to section 649 of the Companies Act 2006 on 10 September 2012.

This completes the capital reduction.

 

-Ends-

 

For further information, please visit www.terracehill.co.ukor contact:

 

Oriel Securities (Nominated Adviser): Tel: 020 7710 7600

Gareth Price/Mark Young

 

Terrace Hill Group PLC Tel. 020 7631 1666

Philip Leech/Jon Austen

 

 

Notes to editors:

 

Terrace Hill Group

Terrace Hill Group PLC is a regionally based UK property development and investment group quoted on AIM. Formed in 1986, the Company has five offices located in London, Glasgow, Teesside, Bristol and Manchester.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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