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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Baronsmead Venture Trust Plc | LSE:BVT | London | Ordinary Share | GB0002631934 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 52.50 | 51.00 | 54.00 | 52.50 | 52.50 | 52.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Unit Inv Tr, Closed-end Mgmt | -942k | -5.14M | -0.0147 | -35.71 | 183.61M |
TIDMBVT
RNS Number : 3527R
Baronsmead Venture Trust PLC
20 September 2017
20 September 2017
BARONSMEAD VENTURE TRUST PLC
Cancellation of Share Premium Account and Utilisation of Special Reserve
Baronsmead Venture Trust plc (the "Company") announces that earlier today the High Court confirmed the cancellation of the share premium account in accordance with the special resolution passed on 14 February 2017.
The special resolution authorised the Directors to apply to the High Court for an order to cancel the Company's share premium account, and to enable the application of the resulting distributable capital reserve to be applied in any manner in which the Company's profits available for distribution are to be applied.
The High Court has confirmed that the Company's special reserve can be applied in any manner in which the Company's profits available for distribution are to be applied.
For further information please contact:
Michael Probin
VCT Investor Relations Director
Telephone: 020 7506 5796
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCQBLFLDKFXBBZ
(END) Dow Jones Newswires
September 20, 2017 12:35 ET (16:35 GMT)
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