Zytronic PLC Capital Reduction Effective (2384A)

TIDMZYT

RNS Number : 2384A

Zytronic PLC

22 March 2017

 
For Immediate Release  22 March 2017 
 

ZYTRONIC PLC

Capital Reduction Effective

Zytronic plc (AIM: ZYT), a leading specialist manufacturer of touch sensor componentry, announces that further to the announcement on 15 March 2017 of Court approval of the reduction in capital of the Company ("Capital Reduction"), the Court order has been registered with Companies House and the Capital Reduction has become effective today, 22 March 2017.

Following the Capital Reduction, the issued share capital of the Company is 15,948,152 ordinary shares of 1 pence each. The distributable reserves created by the Capital Reduction amount to GBP8,919,000.

Further details of the Capital Reduction can be found in the circular dated 5 January 2017 which is available free of charge from the Company's website:

http://www.zytronicplc.com/wp-content/uploads/sites/5/2017/01/Zytronic-plc-Circular-to-Shareholders-2017.pdf

Contacts:

 
 Zytronic plc                       0191 414 5511 
 Mark Cambridge, Chief Executive 
 Claire Smith, Group Finance 
  Director 
 
 N+1 Singer (Nominated Adviser 
  & Broker)                         020 7496 3000 
 Aubrey Powell / Liz Yong 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 22, 2017 11:35 ET (15:35 GMT)