Capital Reduction

RNS Number : 2110O

Inspiration Healthcare Group PLC

17 August 2017

 

17 August 2017

Inspiration Healthcare Group plc

("Inspiration Healthcare" or the "Company")

Capital Reduction

Inspiration Healthcare Group plc (AIM: IHC), the global medical device company, announces that, on 9 August 2017 the High Court issued an order confirming the cancellation of the second tranche of B shares issued by the Company to capitalise £391,274 of the amount standing to the credit of the merger reserve of the Company ("the Capital Reduction"). Following registration with Companies House, the Capital Reduction became effective on 14 August 2017. This completes the Company's capital reduction as approved by shareholders at the Company's Annual General Meeting held on 30 June 2017.

Details of the Capital Reduction are set out in the Notice of Annual General Meeting in the Annual Report & Financial Statements 2017.

Enquiries:

Inspiration Healthcare Group plc                                              Tel: [phone]

Neil Campbell, Chief Executive Officer

Mike Briant, Chief Financial Officer           

Nominated Adviser & Broker                                                     Tel: [phone]

Cenkos Securities plc

Bobbie Hilliam (NOMAD)

Cadogan PR                                                                                   Tel: [phone]

Alex Walters

 

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