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LIO Liontrust Asset Management Plc

687.00
-7.00 (-1.01%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Liontrust Asset Management Plc LSE:LIO London Ordinary Share GB0007388407 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -7.00 -1.01% 687.00 686.00 689.00 692.00 678.00 692.00 133,294 16:29:29
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 243.34M 39.33M 0.6160 11.15 438.63M

Liontrust Asset Management PLC Confirmation of Capital Reduction (7948Z)

17/03/2017 9:00am

UK Regulatory


Liontrust Asset Management (LSE:LIO)
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TIDMLIO

RNS Number : 7948Z

Liontrust Asset Management PLC

17 March 2017

17 March 2017

Stock Exchange Announcement

LIONTRUST ASSET MANAGEMENT PLC

Confirmation of Capital Reduction

Liontrust Asset Management Plc (the "Company") announces that the High Court of Justice in England and Wales has made an order confirming the cancellation of the Company's share premium account (the "Capital Reduction") under section 648 of the Companies Act 2006.

Details of the Capital Reduction were set out in the circular to shareholders dated 24 January 2017 and the Capital Reduction was approved by shareholders at a general meeting held on 22 February 2017. The order of the Court has been registered with the Registrar of Companies and, accordingly, the Capital Reduction has now become effective.

The Capital Reduction has been effected to create distributable reserves to facilitate the payment of dividends and/or the making of share repurchases (should circumstances in the future make it desirable to do so).

For further information please contact:

   Liontrust Asset Management                                   020 7412 1700 
   John Ions, Vinay Abrol                                                 www.liontrust.co.uk 

Simon Hildrey - Chief Marketing Officer

   Numis Securities Limited                                          020 7260 1000 

Charles Farquhar, Andrew Holloway

   Macquarie Capital (Europe) Limited                        020 3037 2000 

Advisory - Jonny Allison, Kavita Choitram

Corporate Broking - Alex Reynolds, Nicholas Harland

END

This information is provided by RNS

The company news service from the London Stock Exchange

END

CARSFLSAWFWSEED

(END) Dow Jones Newswires

March 17, 2017 05:00 ET (09:00 GMT)

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