Crown Place VCT PLC Reduction In Share Capital And Cancellation Of Capital Redemption And Share Premium Reserves

 
TIDMCRWN 
 
 
   Crown Place VCT PLC 
 
   Reduction in share capital and cancellation of capital redemption and 
share premium reserves 
 
   LEI Code 213800SYIQPA3L3T1Q68 
 
   Crown Place VCT PLC (the 'Company') obtained authority to reduce the 
nominal value of its ordinary shares from 10 pence to 1 penny and cancel 
the amount standing to the credit of its share premium and capital 
redemption reserves at the Annual General Meeting on 8 November 2017. 
The purpose of the proposal was to increase the distributable reserves 
available to the Company for the payment of dividends, the buy-back of 
shares, and for other corporate purposes. 
 
   The proposal received the consent of the Court on 13 February 2018, and 
the changes have been registered at Companies House. Therefore, with 
effect from 13 February 2018, the share capital of the Company will have 
a nominal value of 1 penny per share. 
 
   New share certificates will not be issued following these changes and 
existing certificates will remain valid. 
 
   For further information please contact: 
 
   Albion Capital Group LLP 
 
   Company Secretary 
 
   Tel: [phone] 
 
   13 February 2018 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Crown Place VCT PLC via Globenewswire 
 
 
  http://www.closeventures.co.uk 
 

(END) Dow Jones Newswires

February 13, 2018 11:57 ET (16:57 GMT)

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