Business
Confirmation of capital reduction
Confirmation of capital reduction.
About this update from Sigmaroc Plc
[{"type":"text","content":"\n\n \n1 June 2023\n \n(EPIC: SRC / Market: AIM / Sector: Construction Materials)\n \nSIGMAROC PLC\n('SigmaRoc', the 'Company')\n \nConfirmation of capital reduction\n \nSigmaRoc plc, the specialist quarried materials group, today announces that following the Court hearing which occurred on 23 May 2023, the registrar of companies has today recorded the court order thereby effecting the capital reduction.\n \nThe proposals relating to the capital reduction were set out in detail in the Company's notice of AGM, which was sent to shareholders on 27 March 2023. It comprises both: (i) the cancellation of the balance standing to the credit of the Company's share premium account; and (ii) the cancellation of the 761,679,142 deferred shares of £0.001 each, which were in existence following historic share capital reorganisations.\n \nFollowing the capital reduction, the total voting rights outstanding in the Company remain unchanged.\n \n \nFor further information, please contact:\n \n\n\n\nSigmaRoc plc\nMax Vermorken (Chief Executive Officer)\nGarth Palmer (Chief Financial Officer)\nTom Jenkins (Head of Investor Relations)\n \n\n\nTel: +44 (0) 207 002 1080\n \[email protected]\n \n\n\n\n\nLiberum Capital (Co-Broker and Nominated Adviser)\nNick How / Jamie Richards / Ben Cryer\n\n\nTel: +44 (0) 203 100 2000\n \n\n\n\n\nPeel Hunt (Co-Broker)\nMike Bell/Ed Allsopp\n \n\n\nTel: +44 (0) 20 7418 8900\n\n\n\n \nAbout Sigmaroc plc\nSigmaRoc PLC is an AIM-listed buy-and-build group targeting construction materials assets in the UK and Northern Europe. It seeks to create value by purchasing assets in fragmented construction materials markets and extracting efficiencies through active management and by forming the assets into larger groups. It seeks to derisk its investments via strong asset backing at its projects.\n\n\n \n \n\n","length":5026,"tagName":"div"}]