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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 |
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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