Further re: Share Capital Reduction Update

CEPS PLC

01 May 2024

 

1 May 2024

CEPS PLC

 ("CEPS" or the "Company")

Further re: Share Capital Reduction Update

Further to the announcement released by the Company earlier today, concerning the proposed share capital reduction and proposed cancellation of the share premium account, the Company announces that due to filling delays by Companies House pertaining to the relevant legal documentation, the share capital reduction is now expected to become effective on or around the 13 May 2024 once the order has been registered by the Registrar of Companies.

The Company will update the market in due course.

The Directors of the Company accept responsibility for the content of this announcement.

Enquiries

CEPS PLC Vivien Langford, Group Finance Director	[phone]
Cairn Financial Advisers LLP James Caithie / Sandy Jamieson / Emily Staples	[phone]

Caution regarding forward looking statements

Certain statements in this announcement, are, or may be deemed to be, forward looking statements.  Forward looking statements are identified by their use of terms and phrases such as ''believe'', ''could'', "should" ''envisage'', ''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect", ''will'' or the negative of those, variations or comparable expressions, including references to assumptions.  These forward-looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities.  Such forward looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors.

 

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