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CBG Close Brothers Group Plc

476.00
-3.40 (-0.71%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Close Brothers Group Plc LSE:CBG London Ordinary Share GB0007668071 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.40 -0.71% 476.00 477.80 479.40 485.00 465.80 484.40 287,062 16:35:21
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Asset - Backed Securities 1.01B 81.1M - N/A 0

Close Brothers Group PLC Cancellation of Share Premium Account (2735Z)

13/12/2017 3:21pm

UK Regulatory


Close Brothers (LSE:CBG)
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RNS Number : 2735Z

Close Brothers Group PLC

13 December 2017

Confirmation of Cancellation of Share Premium Account

Close Brothers Group plc (the "Company" or "Close Brothers") announces that the High Court of Justice of England and Wales has today made an order confirming the cancellation of the Company's share premium account and the crediting of the relevant sum to distributable profits (the "Share Premium Cancellation"). The Share Premium Cancellation was approved by shareholders at the Close Brothers Annual General Meeting held on 16 November 2017.

The Court order approving the Share Premium Cancellation and a statement of capital have today been registered with the Registrar of Companies. The Share Premium Cancellation is now effective, resulting in the amount that had been standing to the credit of the Company's share premium account (GBP307,762,365.31) being cancelled and credited to the Company's distributable profits.

Further information on the Share Premium Cancellation can be found in the Company's Notice of Annual General Meeting dated 12 October 2017 available at:

www.closebrothers.com/investor-relations/shareholder-information/annual-general-meeting

For further information please contact:

John Hudspith

Deputy Company Secretary

020 7655 3100

Close Brothers Group plc

LEI code: 213800W73SYHR14I3X91

13 December 2017

About Close Brothers

Close Brothers is a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading. We employ around 3,200 people, principally in the UK. Close Brothers Group plc is listed on the London Stock Exchange and is a member of the FTSE 250.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

December 13, 2017 10:21 ET (15:21 GMT)

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