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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Densitron Tech. | LSE:DSN | London | Ordinary Share | GB0002637394 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 10.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMDSN
RNS Number : 7894E
Densitron Technologies PLC
13 April 2011
Densitron Technologies plc
Result of EGM and Return of Cash to Shareholders
Densitron Technologies plc announces that, at the Company's general meeting held yesterday, the resolution proposed to approve the reduction of capital was duly passed. Terms used in this announcement have the meaning set out in Appendix 1 below.
The Reduction of Capital will take effect if confirmed by the Court and upon the Court Order being lodged with and registered by the Registrar of Companies, which is expected to take place on 12 May 2011.
It is expected that a payment of 4p per share in respect of the Reduction of Capital will be made to Shareholders on 26 May 2011 along with a Special Dividend of 1p per share in respect of each Ordinary Share held at the Record Time (the record time being 5.00 p.m. on 11 May 2011)
Enquiries
Densitron Grahame Falconer or Tim Pearson Tel: 0207 648 4200
Westhouse Securities Limited Tom Price or Martin Davison Tel: 0207 601 6100
Appendix 1
The following definitions apply throughout this announcement unless the context otherwise requires:
"Court" means the High Court of Justice in England and Wales;
"Court Order" means the order of the Court confirming the Reduction of Capital;
"Densitron" or the "Company" means Densitron Technologies plc;
"Ordinary Shares" means the ordinary shares of 5 pence each in the capital of the Company or, as the case may be, issued ordinary shares of 1 penny each resulting from the Reduction of Capital;
"Reduction of Capital"means the proposed reduction of capital of the Company pursuant to section 641 of the Companies Act 2006 as set out in the Circular;
"Shareholders" means holders of Existing Ordinary Shares; and
"Special Dividend"means a special interim dividend payable to Shareholders of 1 penny in cash per Ordinary Share.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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