21st Sep 2015 15:29
P2P Global Investments plc (the "Company")
REDUCTION OF THE SHARE PREMIUM ACCOUNT
At the General Meeting of the Company held on 15 June 2015, special resolutions were passed approving the cancellation of the amount standing to the credit of the Company's share premium account as at 29 May 2015 and additional share premium following the issue of new C Shares, which occurred on 28 July 2015, subject to the approval of the Court.
The Company is pleased to announce that, following the approval of the Court and the subsequent registration of the Court order with the Registrar of Companies on 17 September 2015, the reduction has now become effective. Accordingly £832,647,915, previously held in the share premium account, has been transferred to the distributable reserves of the Company.
Capita Company Secretarial Services Limited
Corporate Secretary
21 September 2015
Related Shares:
PSSL.L