GB Group PLC Share Capital Reduction Update
August 22 2024 - 5:14AM
RNS Regulatory News
RNS Number : 4519B
GB Group PLC
22 August 2024
GB GROUP
PLC
("GBG" or
the "Company")
Share
Capital Reduction Update
GB Group plc, (AIM: GBG), the leading
experts in global identity and location software, is pleased to announce that pursuant to an order
issued by the High Court of Justice in England and Wales
(the Court) dated 13
August 2024 for the cancellation of the amount standing to the
credit of the Company's share premium account
(the Capital
Reduction), the order of the Court confirming the Capital
Reduction, and a statement of capital approved by the Court, were
duly registered by the Registrar of Companies on 15 August 2024.
Accordingly, the Capital Reduction has now become
effective.
Details of the Capital Reduction were
set out in the Circular containing notice of the Company's Annual
General Meeting held on 23 July 2024 (the AGM) and the Capital Reduction was
approved by shareholders of the Company at the AGM. The Capital
Reduction does not involve any distribution or payment of capital
by the Company or any change in the nominal value of the Company's
shares or the number of shares in issue.
For further
information, please contact:
|
GBG
Annabelle Burton, Company
Secretary
Richard Foster, Investor
Relations
|
+44 (0)
1244 657333
+44 (0)
7816 124164
|
|
Deutsche Numis (Nominated Adviser and Corporate
Broker)
Simon Willis & Joshua
Hughes
|
+44
(0) 0207 260 1000
|
|
Barclays (Corporate
Broker)
Stuart Jempson & Robert
Mayhew
|
+44
(0) 0207 623 2323
|
|
Website
|
www.gbgplc.com/investors
|
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
MSCQKBBDKBKDNFB
Gb (LSE:GBG)
Historical Stock Chart
From Nov 2024 to Dec 2024
Gb (LSE:GBG)
Historical Stock Chart
From Dec 2023 to Dec 2024
