Further re: Share Capital Reduction Update

Source: RNS
RNS Number : 2451O
CEPS PLC
14 May 2024
 

14 May 2024

CEPS PLC

 ("CEPS" or the "Company")

 

Further re: Share Capital Reduction Update

 

Further to the announcement released by the Company on 1 May 2023, concerning the proposed share capital reduction and proposed cancellation of the share premium account, the Company announces that the files from the court order have been received and registered by the Registrar of Companies.

Therefore, the share capital reduction is now expected to become effective on or around the 15 May 2024.

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

 

Enquiries

 

CEPS PLC

Vivien Langford, Group Finance Director

 

+44 1225 483030

 

Cairn Financial Advisers LLP

James Caithie / Sandy Jamieson / Emily Staples

 

+44 20 7213 0880

 

 

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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