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RNS Number : 7714P Caspian Sunrise plc 22 June 2022
22 June 2022
Caspian Sunrise PLC
UK High Court confirms Capital Reduction
Introduction
The Board of Caspian Sunrise PLC ("Caspian Sunrise" or the "Company") is
pleased to report the UK High Court yesterday confirmed the Capital Reduction
approved by Caspian Sunrise shareholders on 22 April 2022.
Accordingly, the Company will now cancel its share premium and deferred
shares, which will create positive distributable reserves and remove the last
technical block to the future declaration of dividends.
Caspian Sunrise PLC
Clive Carver
Executive
Chairman
+7 727 375 0202
WH Ireland, Nominated Adviser & Broker
James
Joyce
+44 (0) 207 220 1666
Andrew de Andrade
This announcement has been posted to:
www.caspiansunrise.com/investors (http://www.caspiansunrise.com/investors)
The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information
is disclosed in accordance with the Company's obligations under Article 17 of
the UK MAR. Upon the publication of this announcement, this inside information
is now considered to be in the public domain.
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