Business
Capital Reduction becomes effective
Capital Reduction becomes effective.
About this update from Reach Plc
[{"type":"text","content":"\n\n \n21 December 2023\n \nReach plc\n(\"the Company\")\nCapital Reduction becomes effective\nThe Company is pleased to announce that, pursuant to an order issued by the High Court of Justice in England and Wales (the Court) for the cancellation of the amount standing to the credit of the Company's share premium account (the Capital Reduction) on 15 December 2023, the order of the Court confirming the Capital Reduction, and a statement of capital approved by the Court, were duly registered by the Registrar of Companies. Accordingly, the Capital Reduction has now become effective.\nDetails of the Capital Reduction were set out in the Circular containing notice of General Meeting published by the Company on 20 October 2023, and the Capital Reduction was approved by shareholders of the Company at a general meeting of the Company on 15 November 2023. The Capital Reduction does not involve any distribution or payment of capital by the Company.\n\n\n\n\n\nEnquiries\n\n\n \n\n\n\n\nReach plc\n\n\n \n\n\n\n\nJim Mullen, Chief Executive Officer\nLorraine Clover, Company Secretary\n\n\n020 7293 3000\n\n\n\n\n \n\n\n \n\n\n\n\nTeneo\n\n\n \n\n\n\n\nDavid Allchurch / Giles Kernick \n\n\n020 7353 4200\n\n\n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nLEI: 213800GNI5XF3XOATR61\nClassification: 3.1. Additional regulated information required to be disclosed under the laws of the United Kingdom \n \n \n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\n \n \n\n","length":11156,"tagName":"div"}]