RTC Group PLC Capital Reduction Effective (2163Y)
November 27 2014 - 8:20AM
UK Regulatory
TIDMRTC
RNS Number : 2163Y
RTC Group PLC
27 November 2014
27 November 2014
RTC Group plc
("RTC" or the "Company")
Capital Reduction Effective
RTC Group plc, the business services organisation focussing on
white and blue collar recruitment providing temporary, permanent
and contingent staff to a broad range of industries and clients in
both domestic and international markets, announcesthat further to
the announcement on 10 November 2014, the High Court of Justice
(Chancery Division) sanctioned the Company's application to cancel
and extinguish the Company's share premium account on 19 November
2014.
The order of the High Court confirming the reduction of the
Company's share capital and the cancellation of its share premium
account (the "Reduction") and the statement of capital approved by
the High Court in connection therewith were registered by the
Registrar of Companies on 27 November 2014, whereupon the Reduction
became effective which enhances the Company's ability to make
future distributions to shareholders.
The Company confirms that, following the Reduction, the total
number of ordinary shares of 1p each of RTC in issue as at 27
November 2014 remains unchanged at 13,511,626 shares.
Enquiries:
RTC Group plc Tel: 01332 861844
Bill Douie, Executive Chairman
Andy Pendlebury, CEO
Sarah Dye, Group Finance Director
Allenby Capital Limited (Nominated Adviser and Tel 020 3328
Broker) 5656
Jeremy Porter
This information is provided by RNS
The company news service from the London Stock Exchange
END
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