Business
Outcome of Court Hearing on Reduction of Capital
Outcome of Court Hearing on Reduction of Capital.
About this update from S4 Capital Plc
[{"type":"text","content":"\n \n \n 13 September 2022\n \n \n \n S4 Capital plc\n \n \n \n \n (\"S\n \n \n \n 4\n \n \n \n Capital\" or \"the Company\")\n \n \n \n \n Outcome of Court Hearing on Reduction of Capital\n \n \n \n Further to the announcement made by the Company on 12 September 2022, the Company announces that the reduction of capital required to effect the cancellation of: (i) the C ordinary shares resulting from the capitalisation of its merger reserve and; (ii) its share premium account (the \"Capital Reduction\") was approved earlier today by the High Court of Justice of England and Wales (the \"Court\").\n \n \n The Court order approving the Capital Reduction, and a statement of capital approved by the Court, is expected to be registered by the Registrar of Companies no later than 28 September 2022.\n \n \n \n \n \n \n Enquiries:\n \n \n \n \n S4 Capital plc \n \n Tel: +44 (0)20 3793 0003/+44 (0)20 3793 0007\n \n \n Sir Martin Sorrell (Executive Chairman)\n \n \n \n Powerscourt \n \n Tel: +44 (0)778 670 2526\n \n \n \n (PR Adviser to S4 Capital plc)\n \n \n \n \n \n \n \n \n \n \n \n \n Robin O'Kelly \n \n \n Jane Glover\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n ","length":3543,"tagName":"div"}]