Share Capital Reduction Confirmation

RNS Number : 1046C
SIG PLC
16 June 2021
 

   

16 June 2021

 

SIG plc

(Incorporated in England and Wales)

Company Number:  00998314

LSE Share Code: SHI

ISIN: GB0008025412

LEI: 213800VDC1BKJEZ8PV53 

 

 

 

SIG plc

("SIG" or the "Company")

 

Share Capital Reduction

 

SIG announces that the cancellation of its share premium account (the "Capital Reduction"), which was approved by Shareholders at the Annual General Meeting on 13 May 2021, was yesterday sanctioned by the High Court of England and Wales. The effect of the Capital Reduction is to create distributable reserves. The order of the High Court confirming the Capital Reduction, and the statement of capital approved by the High Court in connection therewith, were delivered to the Registrar of Companies today. The Capital Reduction will become effective upon the registration of the Court order by the Registrar of Companies, which is expected to take place shortly.

 

The Company confirms that, following the Capital Reduction, the issued share capital of the Company remains at 1,181,556,977 ordinary shares of 10 pence each; there are no shares held in treasury. The total number of voting rights in the Company also remains at 1,181,556,977.

 

 

Enquiries:

 

 

 

 

 

SIG plc

 

 

 

Steve Francis

Chief Executive Officer

+44 (0) 114 285 6300

 

Ian Ashton

Chief Financial Officer

+44 (0) 114 285 6300

 

 

 

 

 

         

 

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