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Court Order Approving Reduction of Capital

19th Oct 2011 16:24

RNS Number : 4930Q
WYG Plc
19 October 2011
 



19 October 2011

 

WYG plc

("WYG" or "Company")

 

COURT ORDER APPROVING REDUCTION OF CAPITAL

 

Further to the circular posted to shareholders on 18 August 2011 detailing WYG's intention to undertake a reduction of its share capital and further to the special resolutions relating thereto having been passed by shareholders at the Annual General Meeting held on 23 September 2011, WYG is pleased to announce that the High Court of Justice of England and Wales today confirmed the cancellation of the share premium account and the capital redemption reserve of the Company.

 

The court order (together with the statement of capital attached there to) has been delivered to the Registrar of Companies and the reduction of share capital has therefore become effective.

ENDS

 

WYG plc Tel: 0113 278 7111

Paul Hamer, Chief Executive Officer

David Wilton, Group Finance Director

MHP Communications Tel: 020 3128 8100

John Olsen

Katie Hunt

Numis Securities Limited Tel: 020 7260 1000

Stuart Skinner (Nominated Adviser)

David Poutney (Corporate Broker)

 

 

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