Last checked at 20 Dec 2023 13:39
20 December 2023
TRAINLINE PLC
(the "Company")
Capital Reduction
Trainline plc is pleased to announce that, following (i) approval of the cancellation of the amount standing to the credit of the Company's share premium account in full (the "Capital Reduction") by the Company's shareholders at its general meeting held on 21 November 2023; and (ii) formal approval on 19 December 2023 by the High Court of Justice (the "Court"), that the order of the Court confirming the Capital Reduction and a statement of capital approved by the Court in connection therewith has been sent to the Registrar of Companies. The Capital Reduction will become effective upon the registration of the order of the Court and associated statement of capital by the Registrar of Companies.
Further information relating to the Capital Reduction, which will create additional distributable reserves of approximately £1,198,703,000, is set out in the Company's notice of general meeting published on 2 November 2023. The Capital Reduction itself does not involve any distribution or repayment of capital by the Company and does not change the total number of shares issued by the Company.
Enquiries
For investor enquiries, Andrew Gillian investors@trainline.com
For media enquiries, Hollie Conway press@trainline.com
Brunswick Group
Simone Selzer +44 207 404 5959 / trainline@brunswickgroup.com
About Trainline
Trainline (www.trainline.com) is the leading independent rail and coach travel platform selling rail and coach tickets to millions of travellers worldwide, enabling them to seamlessly search, book and manage their journeys all in one place via its highly rated website and mobile app. Trainline is a one?stop shop for rail and coach travel bringing together millions of routes, fares and journey times from rail and coach carriers across Europe.