Confirmation of Capital Reduction

RNS Number : 7948Z

Liontrust Asset Management PLC

17 March 2017

 

17 March 2017

Stock Exchange Announcement

LIONTRUST ASSET MANAGEMENT PLC

Confirmation of Capital Reduction

Liontrust Asset Management Plc (the "Company") announces that the High Court of Justice in England and Wales has made an order confirming the cancellation of the Company's share premium account (the "Capital Reduction") under section 648 of the Companies Act 2006.

Details of the Capital Reduction were set out in the circular to shareholders dated 24 January 2017 and the Capital Reduction was approved by shareholders at a general meeting held on 22 February 2017. The order of the Court has been registered with the Registrar of Companies and, accordingly, the Capital Reduction has now become effective.

The Capital Reduction has been effected to create distributable reserves to facilitate the payment of dividends and/or the making of share repurchases (should circumstances in the future make it desirable to do so).

For further information please contact:

Liontrust Asset Management                                   020 7412 1700

John Ions, Vinay Abrol                                                 www.liontrust.co.uk

Simon Hildrey - Chief Marketing Officer

Numis Securities Limited                                          020 7260 1000

Charles Farquhar, Andrew Holloway

Macquarie Capital (Europe) Limited                        020 3037 2000

Advisory - Jonny Allison, Kavita Choitram

Corporate Broking - Alex Reynolds, Nicholas Harland

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