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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Breedon Group plc | AQSE:BREE.GB | Aquis Stock Exchange | Ordinary Share | GB00BM8NFJ84 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -6.50 | -1.65% | 387.00 | 368.00 | 406.00 | 387.00 | 382.00 | 382.00 | 0.00 | 16:29:54 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jun 2022 to Jun 2024
TIDMBREE
RNS Number : 8555B
Breedon Group PLC
06 June 2023
6 June 2023
LEI: 213800DQGNQE3X76WS92
BREEDON GROUP PLC
(the "Company")
Outcome of Court Hearing on Reduction of Capital
The Company announces that the reduction of capital involving: (i) the reduction of the nominal value of the ordinary shares of GBP1.40 each in the capital of the Company to GBP0.01 each, (ii) the cancellation of the 14,286 subscription shares of GBP3.50 each in the capital of the Company, and (iii) the cancellation of the share premium account of the Company (the "Capital Reduction") was approved earlier today by the High Court of Justice of England and Wales (the "Court").
Details of the Capital Reduction were set out in the prospectus of the Company dated 11 May 2023.
The Court order approving the Capital Reduction and a statement of capital approved by the Court are expected to be registered by the Registrar of Companies no later than Tuesday 20 June 2023.
The Capital Reduction will not affect the number of ordinary shares in issue. Assuming that no further shares are issued prior to the Capital Reduction becoming effective, the issued share capital of the Company following the Capital Reduction is expected to consist of 338,901,668 ordinary shares of GBP0.01 each.
Enquiries:
Hot Features
Premium
Breedon Group plc +44 (0) 1332 694010
Rob Wood, Chief Executive Officer
James Brotherton, Chief Financial Officer
Louise Turner-Smith, Head of Investor Relations +44 (0) 7860 911909
+44 (0) 20 3128
MHP (Public relations adviser) 8193
Reg Hoare, Rachel Farrington, Charles Hirst breedon@mhpgroup.com
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END
MSCEQLFBXQLEBBD
(END) Dow Jones Newswires
June 06, 2023 12:02 ET (16:02 GMT)
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