Hygea VCT plc Hygea Vct Plc : Proposals Regarding A Share Restructuring

 
TIDMHYG 
 
 
   Hygea vct plc 
 
   Proposals regarding a Share Restructuring 
 
   5 April 2018 
 
   This announcement is made by Hygea vct plc (the "Company") in connection 
with proposals by the Company to effect a share restructuring (to 
subdivide the existing ordinary shares of 50p each in the share capital 
of the Company into ordinary shares of 1p each and deferred shares of 
49p each (the "Share Restructuring"). 
 
   The Board is pleased to announce that at the annual general meeting of 
the Company held on 5 April 2018, resolutions 9 and 10 as set out in the 
notice of annual general meeting attached to annual report and accounts 
of the Company for the year ended 31 December 2017 (such resolutions 
being proposed in connection with various changes to the articles of 
association and the Share Restructuring) were duly passed. 
 
   The Board announces that the Share Restructuring has now been effected 
and that the Company's issued share capital is 8,115,376 ordinary shares 
of 1p each and 8,115,376 deferred shares of 49p each.  The deferred 
shares will not be listed and will be purchased by the Company for 
cancellation shortly. The Share Restructuring does not impact the value 
of shareholders' holdings. 
 
   Enquiries: 
 
   John Hustler, Hygea vct plc at [e-mail] 
 
   Roland Cornish, Beaumont Cornish Limited on 020 7628 3396 
 
   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: Hygea VCT plc via Globenewswire 
 
 
 
 

(END) Dow Jones Newswires

April 05, 2018 10:13 ET (14:13 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.