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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Stadium Grp. | LSE:SDM | London | Ordinary Share | GB0008375098 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 121.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMSDM
RNS Number : 6263U
Stadium Group PLC
19 January 2017
Stadium Group plc
("Stadium" or the "Company")
Result of General Meeting
Stadium (AIM: SDM), a leading supplier of wireless solutions, power supplies and electronic assemblies, announces that the proposal to reduce its share premium account (the "Capital Reduction") under section 648 of the Companies Act 2006 was approved by shareholders at a general meeting held today. The purpose of the Capital Reduction is to create additional distributable reserves which would provide the Company with further flexibility in relation to the payment of future dividends.
The Capital Reduction is subject to the approval of the Court. The hearing is due to take place on 15 February 2017 and if approved, the Capital Reduction is expected to become effective on 16 February 2017.
Further details of the Capital Reduction can be found in the circular dated 3 January 2017 which is available free of charge from the Company's website: http://www.stadiumgroupplc.com/investors/regulatory-news/reports-results/.
For further information please contact:
Stadium Group plc www.stadiuminvestors.com Charlie Peppiatt, Chief Tel: 01189 311 199 Executive Officer Walbrook PR Tel: 020 7933 8780 or stadium@walbrookpr.com Paul McManus Mob: 07980 541 893 Helen Cresswell Mob: 07841 917 679 N+1 Singer Sandy Fraser Richard Lindley Tel: 020 7496 3000
About Stadium Group plc (www.stadiumgroupplc.com)
Stadium Group plc is a leading supplier of wireless solutions, power supplies and electronic assemblies with design and manufacturing operations in the UK and Asia. The Company consists of:
-- Wireless solutions - design, integration and manufacture of machine-to-machine ("M2M") wireless solutions
-- Power supplies - custom and standard power product solutions from 1W to 10kW
-- Electronic Assemblies - consisting of Human Machine Interface, intelligent "HMI" integrated solutions and Electronic Manufacturing Services ("EMS") to global original equipment manufacturers
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
January 19, 2017 06:27 ET (11:27 GMT)
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