10 Sep 2012 17:14
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.
Thg (THG)