8 Jun 2016 11:40
Â
Ebiquity plc
("Ebiquity" or the "Company")
Â
Court confirmation of Capital Reduction
Â
Ebiquity announced on 30 March 2016 that it intended to seek a cancellation of its share premium account (the "Capital Reduction") in order to create distributable reserves to enable the Company to continue to pay dividends to its shareholders.
Â
Ebiquity is pleased to announce that, following shareholder approval being granted on 11 May 2016, the High Court of Justice has today made an order confirming the Capital Reduction.
Â
It is anticipated that the Capital Reduction will become effective on 9 June 2016 following registration of the Court order by the Registrar of Companies.
Â
A further announcement will be made in due course.
Â
8 June 2016
Â
ENQUIRIES:
Â
Ebiquity | 020 7650 9600 |
Michael Karg, CEO Andrew Beach, CFOO | |
Instinctif Partners | 020 7457 2020 |
Guy Scarborough Matthew Smallwood | |
Numis Securities | 020 7260 1000 |
Nick Westlake, Oliver Hardy (NOMAD) Toby Adcock (Corporate Broker) Â |
Â