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Share Name Share Symbol Market Type Share ISIN Share Description
Pv Crystalox Solar Plc LSE:PVCS London Ordinary Share GB00BJ0CHQ31 ORD 3.0206P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 49.50 48.00 51.00 0.00 0.00 0.00 855 16:28:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 0.4 -2.1 -2.7 - 4

PV Crystalox Solar PLC Settlement payment received and tender offer

29/06/2020 7:00am

UK Regulatory (RNS & others)


Pv Crystalox Solar (LSE:PVCS)
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RNS Number : 2927R

PV Crystalox Solar PLC

29 June 2020

PV Crystalox Solar PLC

Settlement payment received and tender offer

PV Crystalox Solar (the "Company") previously advised in its 2019 Annual Report that it intended to return a maximum of GBP2 million by way of a tender offer contingent on receipt of a payment relating to the settlement of a legacy wafer supply contract following which it would cancel the Group's listing on the Official List. The Company confirms the payment, of EUR0.8 million, has now been received and the Board will be recommending that shareholders approve the necessary measures for the tender offer at a General Meeting so that the capital return and delisting can be completed by the end of September. Further information will be provided in a circular to shareholders.

Enquiries:

   PV Crystalox Solar PLC                                                  +44 (0) 1235 437160 
   Iain Dorrity,                        Chief Executive Officer 
   Matthew Wethey,             Chief Financial Officer and Group Secretary 

LEI: 213800FYYB6LTJGKA745

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

June 29, 2020 02:00 ET (06:00 GMT)

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