Reduction of Capital

RNS Number : 7972N

Pets At Home Group Plc

31 July 2014

 



FOR IMMEDIATE RELEASE, 31 JULY 2014

Pets at Home Group Plc (the "Company")

Reduction of Capital

As contemplated in the Company's IPO Prospectus dated 28 February 2014 and pursuant to a shareholder resolution passed on 27 February 2014, the Company is pleased to announce that it has completed a reduction of capital, whereby £1,080,477,000 standing to the credit of the Company's share premium account was cancelled, creating distributable reserves of an equivalent amount (the "Cancellation"). The Cancellation was formally approved by the High Court and became effective on 30 July 2014. The Cancellation has no effect on the overall net asset position of the Company.

- Ends -

Enquiries

Pets at Home Group Plc:                                                                     [phone]

Louise Stonier, Legal Director and Company Secretary

Media Enquiries:

Brunswick (Public Relations Advisors to Pets at Home):                      [phone]

Tim Danaher

Natalia Dyett

 

END

 

 

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