Reduction of Capital - Court Order Filed

RNS Number : 2432X
Rurelec PLC
26 August 2020
 

Rurelec PLC

("Rurelec" or the "Company")

Reduction of Capital - Court Order Filed

Further to the announcement on 14 August 2020 the Company confirms that the Court Order approving the reduction of the Company's nominal share capital by way of cancellation of 561,387,586 deferred shares of £0.01 each and the cancellation of the share premium account of the Company (together, the "Reduction of Capital") has been registered at Companies House. The Capital Reduction became effective on 26 August 2020.

Following the Capital Reduction, as of 26 August 2020, the issued share capital of the Company consists of 561,387,586 ordinary shares of £0.01 each and the distributable reserves will amount to £14,620,074.

For further information please contact:

Rurelec PLC

W H Ireland (Nomad & Broker)

Simon Morris, Director

Andy Coveney, Director

Katy Mitchell

Lydia Zychowska

Tel: 020 7549 2839/40

Tel: 020 7220 1666

 

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