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Court Approves Capital Reduction

18th Dec 2014 17:24

RNS Number : 2437A
Rurelec PLC
18 December 2014
 



 

18 December 2014

AIM: RUR

 

 

RURELEC PLC("Rurelec" or the "Company")

Court Approves Capital Reduction

Rurelec PLC (AIM: RUR), the AIM listed owner, operator and developer of power generation capacity internationally, announces that following a hearing held on 17 December 2014, the Companies Court of the Chancery Division of the High Courts of Justice approved the reduction of capital of the Company (the "Capital Reduction"), details of which were contained in the circular to shareholders dated 10 November 2014 (the "Circular").

 

The Capital Reduction is expected to become effective on 19 December 2014.

 

- Ends -

 

 

For further information please contact:

 

Rurelec PLC

W H Ireland

Capital MSL

 

Peter Earl, CEO

 

James Joyce and James Bavister

 

 

Ana Ribeiro, Director

 

 

+44 (0)20 7793 5610

+44 (0)20 7220 1666

+44 (0) 20 3219 8818

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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