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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Thruvision Group Plc | LSE:THRU | London | Ordinary Share | GB00B627R876 | 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% | 18.00 | 17.00 | 19.00 | 18.00 | 18.00 | 18.00 | 0.00 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Security Systems Service | 12.42M | -805k | -0.0050 | -36.00 | 28.98M |
From Apr 2019 to Apr 2024
TIDMTHRU
RNS Number : 7903M
Thruvision Group PLC
01 May 2018
1 May 2018
Thruvision Group plc
("Thruvision")
Capital Reduction Effective
Thruvision (AIM: THRU) the specialist provider of people-screening technology to the international security market, announces that the High Court has approved the cancellation of the share premium account and the capital redemption reserve of the Company (the "Capital Reduction"). Following approval by shareholders and the approval of the High Court and the subsequent registration of the Court order with the Registrar of Companies, the Capital Reduction has now become effective. As a consequence of the Capital Reduction the sums of GBP109,078,000 standing to the credit of the share premium account of the Company and GBP4,786,000 standing to the credit of the capital redemption reserve of the Company were cancelled thereby creating distributable reserves.
The Capital Reduction has no effect on the overall net asset position of the Company.
Details of the Capital Reduction proposals were contained in the Notice for the General Meeting, dated 12 March 2018, and were approved by shareholders at the Company's General Meeting on 28 March 2018.
For further information please contact:
Thruvision Group plc +44 (0)20 3553 5888
Tom Black, Executive Chairman
Colin Evans, Managing Director
Investec Bank plc +44 (0)20 7597 5970
Andrew Pinder / Sebastian Lawrence / Patrick Robb
FTI Consulting LLP +44 (0)20 3727 1000
Matt Dixon / Harry Staight
About Thruvision
Thruvision Group plc is a specialist provider of people-screening technology that can detect weapons, explosives and contraband hidden under clothing. Developed with extensive support from the British and US Governments, Thruvision technology is operationally proven and is being used to enhance the security of transport hubs, borders, high profile buildings and public areas.
www.thruvision.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCKMGGKDMMGRZM
(END) Dow Jones Newswires
May 01, 2018 10:53 ET (14:53 GMT)
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