Statement re Reduction of Capital

Summary by AI BETAClose X

Aurora UK Alpha plc announced that the High Court of Justice confirmed the cancellation of its share premium account on July 28, 2026, a reduction of capital that will become effective upon registration with the Registrar of Companies. This move is intended to create additional distributable reserves, providing the company with greater flexibility for future share buy-backs and dividend payments, and shareholders are not required to take any action.

Disclaimer*

Aurora UK Alpha PLC
29 July 2026
 

29 July 2026

Aurora UK Alpha plc

(the "Company")

 

Statement re Reduction of Capital

 

The Company is pleased to announce that on 28 July 2026 the High Court of Justice (the "Court") confirmed the cancellation of the sum standing to the credit of the Company's share premium account (the "Reduction of Capital"). 

 

The Court order confirming the Reduction of Capital, and a statement of capital approved by the Court in connection therewith, will be sent to the Registrar of Companies shortly. The Reduction of Capital will become effective upon the registration of the Court order and associated statement of capital by the Registrar of Companies.

 

The purpose of the Reduction of Capital is to create additional distributable reserves which will provide the Company with the flexibility to support, amongst other things, the buy-back of shares and the payment of dividends or other distributions in the future.

 

Shareholders do not need to take any further action in relation to the Reduction in Capital.

 

Enquiries:

Katherine Manson

Frostrow Capital LLP

Tel: 0203 709 8734

 

LEI: 2138007OUWIZFMAGO575

 

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