Watchstone Group PLC Second Share Premium Reduction & Return of Cash (6292T)
21 Julio 2020 - 4:46AM
UK Regulatory
TIDMWTG
RNS Number : 6292T
Watchstone Group PLC
21 July 2020
Watchstone Group plc
( " Watchstone " or the "Company")
SECOND SHARE PREMIUM REDUCTION AND RETURN OF CASH
Watchstone Group plc (LON:WTG) announces that the High Court of
Justice in England and Wales has made an order approving the
reduction of the Company's share capital under the Companies Act
2006. Details of the further reduction of the Company's share
premium account ("Second Share Premium Reduction") were set out in
the AGM notice and circular to shareholders dated 29 May 2020 and
the proposal was approved by shareholders at the AGM held on 24
June 2020.
The order of the Court will be filed with Companies House as
soon as the Company receives it, and the Share Premium Reduction
and proposed return of cash to Shareholders of 40p per fully paid
Ordinary Share held ("Second Return of Cash") will become effective
upon registration at Companies House.
Expected Timetable of Events
Record Date relating to the Second Return 22 July 2020
of Cash
Ordinary Shares commence trading ex-entitlement 8.00 a.m. on 23 July
to the Second Return of Cash 2020
Registration of Court Order and Effective anticipated week
Date of the Second Return of Cash commencing 27 July
2020
Dispatch of cheques to shareholders or shareholders' On or around 31 July
CREST accounts credited (as appropriate) 2020
in respect of the Second Return of Cash
entitlements
Notes
These dates are estimates only, being subject to agreement of
hearing dates with the Court. Any changes will be notified to
Shareholders by an announcement on the Regulatory News Service of
the London Stock Exchange.
All references to time in this announcement are to London
time.
Watchstone Group plc Tel: 03333 44804
WH Ireland Limited , Nominated Adviser Tel: 020 7220 1666
and broker
Chris Hardie
Lydia Zychowska
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCDZGZNLMDGGZG
(END) Dow Jones Newswires
July 21, 2020 05:46 ET (09:46 GMT)
Watchstone (LSE:WTG)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Watchstone (LSE:WTG)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024