PV Crystalox Solar PLC Share Capital Consolidation & Amended Timetable (2645B)
05 Junio 2019 - 08:25AM
UK Regulatory
TIDMPVCS
RNS Number : 2645B
PV Crystalox Solar PLC
05 June 2019
5 June 2019
PV Crystalox Solar PLC
Share Capital Consolidation and Amended Timetable
PV Crystalox Solar PLC (the "Company") announces that the
Companies Court has granted an order for the reduction of its share
capital, the cancellation of its share premium account and the
cancellation of its capital redemption reserve; the Company will
therefore undertake the Share Capital Consolidation which is now
expected to complete on 7 June 2019.
Cancellation of trading of the Existing Ordinary Shares and of
admission to the standard segment of the Official List and to
trading on the London Stock Exchange's main market for listed
securities is now expected to occur at 8.00am. on 7 June 2019.
The New Ordinary Shares are expected to be admitted to the
standard segment of the Official List and to trading on the London
Stock Exchange's main market for listed securities at 8.00am. on 7
June 2019.
A revised timetable is set out below; the Company will make a
further announcement confirming the number of New Ordinary Shares
that will be in issue following the Share Capital Consolidation
after the new record time of 6.00pm. on 6 June 2019.
Capitalised terms used herein will have the meaning given to
them in the Circular posted to shareholders on 17 April 2019.
Enquiries:
PV Crystalox Solar PLC +44 (0) 1235 437160
Matthew Wethey, Chief Financial Officer and Group Secretary
LEI: 213800FYYB6LTJGKA745
EXPECTED TIMETABLE OF EVENTS
Registration of Court Order and Effective 6 June 2019
Date of Reductions of Capital
Latest time and date for dealings in Existing 4.30pm on 6 June
Ordinary Shares 2019
Return of Capital Record Time 6.00pm on 6 June
2019
Share Capital Consolidation Record Time. 6.05pm on 6 June
Existing Ordinary Share register closed 2019
and Existing Ordinary Shares disabled
in CREST
Cancellation of trading of Existing Ordinary 8.00am on 7 June
Shares. New Ordinary Shares admitted to 2019
the standard segment of the Official List
and to trading on the London Stock Exchange's
main market for listed securities. Dealings
commence in New Ordinary Shares
New Ordinary Shares commence trading ex-entitlement 8.00am on 7 June
to Return of Capital 2019
CREST accounts credited with New Ordinary Approximately 8.00am
Shares on 7 June 2019
Despatch of cheques to Shareholders or On or around 21
Shareholders' CREST accounts credited June 2019
(as appropriate) in respect of Return
of Capital entitlements, and despatch
of share certificates in respect of New
Ordinary Shares
This information is provided by RNS, the news service of the
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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