Braime (T.F.& J.H.) (Hldgs) PLC Cancellation of Cumulative Preference Shares (1749A)
18 12월 2014 - 8:41PM
UK Regulatory
TIDMBMTO
RNS Number : 1749A
Braime (T.F.& J.H.) (Hldgs) PLC
18 December 2014
T.F. & J.H. BRAIME (HOLDINGS) P.L.C.
("Braime" or the "Company")
Result of Court Hearing
Cancellation of Cumulative Preference Shares
The Company confirms today that at the Court hearing, held
yesterday, the Company obtained court approval to reduce the issued
share capital of the Company from GBP540,000 to GBP360,000 by
cancelling and extinguishing 180,000 Cumulative Preference shares
of GBP1 each in the capital of the Company (AIM: BMTP) (ISIN:
GB0001185494) ("Preference Shares") and returning all the capital
paid up on those shares to the holders of them together with a
premium of 12.5 pence per share and any accruals or arrears of
dividends due on those shares.
Accordingly, the Preference Shares will cease trading on AIM
from 7am on 19 December 2014 and it is intended the Preference
Shares will also be cancelled and extinguished on or around this
date.
It is intended that the cheques returning all capital paid up on
the Preference Shares will be dispatched to holders on or around 22
December 2014.
For further information please contact:
Nicholas Braime/Marcus Mills
0113 245 7491
W. H. Ireland Limited
Katy Mitchell LLB
0113 394 6628
This information is provided by RNS
The company news service from the London Stock Exchange
END
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