REG - Auction Technology - Outcome of Court Hearing on Reduction of Capital

Auction TechnologyAnnouncement

04/03/2026 08:45

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RNS Number : 2981V  Auction Technology Group PLC  04 March 2026

4 March 2026

LEI: 213800U8Q9K2XI3WRE39

 

Auction Technology Group plc

("the Company")

Outcome of Court Hearing on Reduction of Capital

The Company announces that the proposed cancellation of the Company's share
premium account (the "Capital Reduction"), details of which were set out in
the Notice of Annual General Meeting published on 10 December 2025 and which
was approved by shareholders on 22 January 2026, was approved yesterday by the
High Court of Justice of England and Wales (the "Court").

The Court order approving the Capital Reduction and a statement of capital
approved by the Court in connection therewith will be sent to the Registrar of
Companies shortly. The Capital Reduction will become effective upon the
registration of the Court order and associated statement of capital by the
Registrar of Companies.

 

For further information contact:

FTI Consulting (Media Enquiries)

Jamie Ricketts, Matt Dixon

+44 20 3727 1999

 

ATG

 Company Secretary          cosec@auctiontechnologygroup.com

 For investor enquiries     investorrelations@auctiontechnologygroup.com

 For media enquiries        press@auctiontechnologygroup.com

 

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