Notice of Capital Reduction

RNS Number : 5591C

Kistos PLC

12 October 2022

 

12 October 2022

Kistos plc

("Kistos" or "Company")

Notice of Capital Reduction

Further to the announcement made by the Company on 10 October 2022, the board of directors of Kistos plc (AIM: KIST) announces that the reduction of capital (the "Capital Reduction") required to effect the cancellation of the bonus shares issued on 6.00 p.m. on 10 October 2022; and the credit of €50,000,000 to the share premium account of the Company was approved yesterday by the High Court of Justice of England and Wales (the "Court").

The Court order approving the Capital Reduction, and a statement of capital approved by the Court, is expected to be filed with the Registrar of Companies no later than 22 October 2022.

F ull details of the Capital Reduction are set out in the notice of annual general meeting which was sent to shareholders of the Company on 11 May 2022 (the "Notice"). The Notice is also available for inspection on the Kistos website, https://kistosplc.com/ .

Enquiries:

Kistos plc Andrew Austin, Executive Chairman (c/o Hawthorn Advisors)	Tel: [phone]
Panmure Gordon (Nomad, Joint Broker) John Prior / James Sinclair-Ford	Tel: +44 ( 0)20 7886 2500
Berenberg (Joint Broker)
Matthew Armitt / Ciaran Walsh	Tel: [phone]
Hawthorn Advisors (Public Relations Advisor) Henry Lerwill / Simon Woods	Tel: [phone]
Camarco (Public Relations Advisor) Billy Clegg / Georgia Edmonds	Tel: [phone]

 

END

 

 

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