Capital Reorganisation

RNS Number : 9713F

Just Retirement Group PLC

30 April 2014

 

Just Retirement Group plc (the "Company")

30 April 2014

For immediate release

Reduction of Capital

Further to the Prospectus published on 12 November 2013, Just Retirement Group plc today announces that a court-approved capital reduction has been confirmed by the High Court. A copy of the order confirming the capital reduction has been registered by the Registrar of Companies and as such the capital reduction has now become effective. All of the share premium attaching to the Company's ordinary shares has consequently been cancelled. The purpose of the capital reduction is to create distributable reserves to enable the Company to pay dividends in the future.

These changes in value are of a technical nature and do not affect the value of shareholdings.

Capitalised terms not otherwise defined in this announcement have the meanings given to them in the Prospectus.

 

END

 

 

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