Cancellation of Share Premium

30 Jun 2006 15:30

Parkmead Group (The) PLC30 June 2006 30 June 2006 The Parkmead Group plc (the "Group") Cancellation of Share Premium Account The Parkmead Group is pleased to announce that the cancellation of the entireshare premium account of the Company, as detailed in a circular sent toshareholders on 19 April 2006 and approved by shareholders at an EGM held on 12May 2006, was yesterday confirmed by the High Court. The reduction wasregistered by the Registrar of Companies yesterday, 29 June 2006 and iseffective from that date. Enquiries: The Parkmead GroupGordon Ashworth, Chief Financial Officer 020 7494 3080 Madano PartnershipMatthew Moth / Toby Wilkinson 020 7593 4000 This information is provided by RNS The company news service from the London Stock Exchange