Business
Cancellation of Share Premium Account
Cancellation of Share Premium Account.
About this update from Distil Plc
[{"type":"text","content":"\n \n\n\n\nBlavod Extreme Spirits PLC (\"The Company\")\n\nCANCELLATION OF SHARE PREMIUM ACCOUNT\n\n30 March 2009\n\nThe Company announces that the High Court of Justice has consented to\nthe cancellation of the share premium account (\"SPA\"), which was\napproved by shareholders at the last annual general meeting in July\n2008.\n\nCancellation of the £18.489 million in the SPA has significantly\nreduced the accumulated loss on the profit and loss account in both\nthe consolidated balance sheet and parent company balance sheet which\nstood at £18.583 million and £19.964 million respectively at the last\nyear end, 31 March 2008.\n\nThe Company's business continues on previous trends and an\nannouncement of results for the year ending 31 March 2009 will be\nmade in the last days of May.\n\nFor further information, please contact:\n\nBlavod Extreme Spirits plc\n\nRichard Ambler (Managing Director) 0207 352 2096\n\nBrewin Dolphin (Nominated Adviser)\n\nNeil Baldwin/Alison Barrow 0845 270 8600\n\nENDS\n\n---END OF MESSAGE---\n\n\n\n\nThis announcement was originally distributed by Hugin. The issuer is \nsolely responsible for the content of this announcement.\n ","length":1140,"tagName":"div"}]