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Court confirmation of Capital Reduction

ONTO

RNS Number : 6101A
Ebiquity PLC
08 June 2016
 

 

Ebiquity plc

("Ebiquity" or the "Company")

 

Court confirmation of Capital Reduction

 

Ebiquity announced on 30 March 2016 that it intended to seek a cancellation of its share premium account (the "Capital Reduction") in order to create distributable reserves to enable the Company to continue to pay dividends to its shareholders.

 

Ebiquity is pleased to announce that, following shareholder approval being granted on 11 May 2016, the High Court of Justice has today made an order confirming the Capital Reduction. 

 

It is anticipated that the Capital Reduction will become effective on 9 June 2016 following registration of the Court order by the Registrar of Companies. 

 

A further announcement will be made in due course.

 

8 June 2016

 

ENQUIRIES:

 

Ebiquity

020 7650 9600

Michael Karg, CEO

Andrew Beach, CFOO




Instinctif Partners

020 7457 2020

Guy Scarborough

Matthew Smallwood




Numis Securities

020 7260 1000

Nick Westlake, Oliver Hardy (NOMAD)

Toby Adcock (Corporate Broker)

 


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUWORRNVANRAR


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