United Carpets Group plc Court confirmation of Capital Reduction (9355R)
September 17 2014 - 9:13AM
UK Regulatory
TIDMUCG
RNS Number : 9355R
United Carpets Group plc
17 September 2014
United Carpets Group plc
Court confirmation of Capital Reduction
United Carpets Group plc ("the Group" or "the Company" or
"United Carpets"), the second largest chain of specialist retail
carpet and floor covering stores in the UK, is pleased to announce
that the High Court has confirmed the reduction of the Company's
issued share capital and cancellation of its share premium
account.
Details of the Capital Reduction were set out in the circular to
Shareholders dated 24 July 2014 and the proposal was approved by
Shareholders at the General Meeting held on 20 August 2014.
The order and the statement of capital approved by the Court at
a hearing in the High Court on 17 September 2014, were produced to
the Registrar of Companies and registered today, making the capital
reduction effective.
The Company confirms that, following the capital reduction, the
total number of ordinary shares of 1p each in the capital of the
Company in issue as at 17 September 2014 is 81,400,000 with each
share carrying the right to one vote.
Enquiries:
United Carpets Group plc
Paul Eyre, Chief Executive 01709 732
Ian Bowness, Finance Director 666
Novella Communications Ltd
Tim Robertson
Ben Heath 020 3151 7008
Cantor Fitzgerald Europe
Mark Percy / Catherine Leftley (Corporate
Finance)
David Banks / Paul Jewell (Corporate Broking) 020 7894 7000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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