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10 Sep 2012 17:14
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Terrace Hill Group PLC
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Capital Reduction confirmed by Court of Session
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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 Β£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.
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-Ends-
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For further information, please visit www.terracehill.co.ukor contact:
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Oriel Securities (Nominated Adviser): Tel: 020 7710 7600
Gareth Price/Mark Young
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Terrace Hill Group PLC Tel. 020 7631 1666
Philip Leech/Jon Austen
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Notes to editors:
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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.
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