Business
Result of Court Hearing
Result of Court Hearing.
About this update from Bezant Resources Plc
[{"type":"text","content":"\n \nRNS Number : 3341F Bezant Resources PLC 22 May 2013 \n \n\n\n \n \n22 May 2013\n \nBezant Resources Plc\n(\"Bezant\" or the \"Company\")\n \nResult of Court Hearing\n \nBezant (AIM: BZT), the AIM listed gold and copper exploration and development company operating in the Philippines and Argentina, announces that at a hearing held earlier today, the Companies Court of the Chancery Division of the High Courts of Justice approved the reduction of capital of the Company (the \"Capital Reduction\"), details of which were contained in the circular to shareholders dated 19 April 2013 (the \"Circular\").\nThe Capital Reduction is expected to become effective tomorrow, 23 May 2013, in order to effect the return of capital to Shareholders, other than in respect of any of the 17,945,922 Shares which were transferred by Gold Fields on or around 22 March 2013 to Vidacos Nominees Limited, as set out in the Circular.\nThe dispatch of cheques and crediting of CREST accounts in respect of the return of capital, as described in the Circular, is expected to take place on or around 30 May 2013.\nFor further information, please contact:\n \n\n\n\n\nGerry Nealon\nExecutive Chairman, Bezant Resources Plc \n \nBernard Olivier\nChief Executive Officer, Bezant Resources Plc \n \nLaurence Read\nDirector / Communications Officer, Bezant Resources Plc \n \nJames Harris / Matthew Chandler / David Altberg\nStrand Hanson Limited \n \nJames Maxwell / Jenny Wyllie\nN+1 Singer ...