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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ten Entertainment Group Plc | LSE:TEG | London | Ordinary Share | GB00BF020D33 | 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% | 411.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMTEG
RNS Number : 4875J
Ten Entertainment Group PLC
28 June 2017
28 June 2017
Ten Entertainment Group plc
(the "Company")
Confirmation of Reduction of Capital Exercise
The Company is pleased to confirm that it has today received the confirmation of the High Court in London approving a reduction of the Company's capital ("Capital Reduction"), following receipt of shareholder approval at the Company's general meeting on 7 June 2017.
The completion of the Capital Reduction has resulted in an increase in the distributable reserves of the Company of approximately GBP38.2m from the Company's merger reserve.
The increase in the Company's distributable reserves will support future dividend payments.
For further information please contact:
Ten Entertainment Group via Instinctif Partners plc Alan Hand, Chief Executive Officer Mark Willis, Chief Financial Officer Instinctif Partners Matthew Smallwood Guy Scarborough 020 7457 2020
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
June 28, 2017 12:30 ET (16:30 GMT)
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