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Reduction of Share Premium Account

10th Aug 2017 07:00

RNS Number : 5836N
Rasmala PLC
10 August 2017
 

 

 

Rasmala plc

("Rasmala" or "the Company")

Reduction of Share Premium Account

Rasmala is pleased to announce that, on 9 August 2017, the Chancery Division of the High Court of Justice approved the reduction of the Company's Share Premium Account by the amount of £20,000,000.

The reduction will be used to create distributable reserves.

 

Enquiries:

Rasmala plc

Tel: +44 (0)20 7847 9900

Zak Hydari, CEO

 

Stockdale Securities

Tel: +44 (0)20 7601 6100

Antonio Bossi, El Hanan Lee

 

 

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