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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Gresham House Plc | LSE:GHE | London | Ordinary Share | GB0003887287 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1,100.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMGHE
4 FEBRUARY 2015
Gresham House Plc (the "Company")
Capital Reduction
The Company is pleased to announce that earlier today the High Court approved the cancellation of the Company's share premium account (the "Cancellation"). As a consequence of the Cancellation GBP12,508.206.76 standing to the credit of the Company's share premium account was cancelled. This will facilitate any share buyback or payment of dividends that the board of the Company may in the future approve by creating a reserve of an equivalent amount that, subject to certain creditor protection undertakings, will form part of a distributable reserve.
The Cancellation has no effect on the overall net asset position of the Company.
The Cancellation proposals were contained in the Company's shareholder circular and AIM admission Document, each dated 8 October 2014, and approved by shareholders at the Company's General Meeting on 31 October 2014.
.
Enquiries:
Gresham House plc
Duncan Abbot, Finance Director 020 7256 9618
Westhouse Securities Ltd 020 7601 6100
Robert Finlay
Richard Johnson
- Ends -
This information is provided by Business Wire
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