Business
Court confirmation of Capital Reduction
Court confirmation of Capital Reduction.
About this update from Ebiquity Plc
[{"type":"text","content":"\n \nRNS Number : 6101A Ebiquity PLC 08 June 2016 \n\n \nEbiquity plc\n(\"Ebiquity\" or the \"Company\")\n \nCourt confirmation of Capital Reduction\n \nEbiquity 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.\n \nEbiquity 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. \n \nIt is anticipated that the Capital Reduction will become effective on 9 June 2016 following registration of the Court order by the Registrar of Companies. \n \nA further announcement will be made in due course.\n \n8 June 2016\n \nENQUIRIES: \n \n\n\n\n\nEbiquity\n\n\n020 7650 9600\n\n\n\n\nMichael Karg, CEO \nAndrew Beach, CFOO \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInstinctif Partners\n\n\n020 7457 2020\n\n\n\n\nGuy Scarborough\nMatthew Smallwood \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNumis Securities\n\n\n020 7260 1000\n\n\n\n\nNick Westlake, Oliver Hardy (NOMAD) \nToby Adcock (Corporate Broker) \n \n\n\n\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCUWORRNVANRAR\n ","length":3747,"tagName":"div"}]