2nd Sep 2020 21:31
Zinc Media Group PLC - TV and multimedia content production - Court of Session in Edinburgh approves capital reduction, including cancellation of deferred shares for no consideration, cancellation of B shares, and entire balance standing to the credit of company's share premium account.
Capital reduction is expected to realise profits which will eliminate the current deficit on the company's retained loss account.
Current stock price: 61.99 pence
Year-to-date change: down 47%
By Dayo Laniyan; [email protected]
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