Capital Reorganisation
May 22 2007 - 3:01AM
UK Regulatory
RNS Number:9891W
Brightview PLC
22 May 2007
22 May 2007
Brightview Plc (the 'Company')
Capital reorganisation
Brightview Plc are pleased to announce that on 2 May 2007 the High Court
confirmed the reduction of the capital of the Company by #10,575,885 and the
reduction of the share premium account by #2,452,000, previously approved by
shareholders at the Company's annual general meeting held on 21 December 2006.
The reduction became effective upon registration by Companies House on 15 May
2007.
The deficit of #6,580,000 on the Company's profit and loss account as at 30 June
2006 has therefore been eliminated and the Company is now once again in a
position to be able to declare dividends or buy back shares from any
distributable profits arising from trading since 1 July 2006, if deemed
appropriate by the Board.
Further details:
Brightview plc
David Stirling, Finance Director 020 7665 3060
Canaccord Adams Limited
Mark Williams 020 7050 6500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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