27 Jun 2018 10:59
27 June 2018
For immediate release
Sabre Insurance Group plc (the "Company")
Cancellation of share premium account
As contemplated in the Company's IPO prospectus dated 23 November 2017 and pursuant to a shareholder resolution passed on 21 November 2017, the Company is pleased to announce that it has completed a reduction of capital, whereby £205,120,550.67 standing to the credit of the Company's share premium account was cancelled and an equivalent amount has been credited to the Company's distributable reserves (the "Cancellation"). The Cancellation was confirmed by an order of the High Court of Justice of England and Wales and became effective on 26 June 2018.
For further information please contact:
Anneka KinganCompany SecretaryTel: 01306 735958Sabre Insurance Group plcLEI code: 2138006RXRQ8P8VKGV98
Sabre Insur (SBRE)