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REG - CEPS PLC - Further re: Share Capital Reduction Update

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RNS Number : 2451O  CEPS PLC  14 May 2024

14 May 2024

CEPS PLC

 ("CEPS" or the "Company")

 

Further re: Share Capital Reduction Update

 

Further to the announcement released by the Company on 1 May 2023, concerning
the proposed share capital reduction and proposed cancellation of the share
premium account, the Company announces that the files from the court order
have been received and registered by the Registrar of Companies.

Therefore, the share capital reduction is now expected to become effective on
or around the 15 May 2024.

The Directors of the Company accept responsibility for the content of this
announcement.

 

Enquiries

 

 CEPS PLC

 Vivien Langford, Group Finance Director          +44 1225 483030

 Cairn Financial Advisers LLP

 James Caithie / Sandy Jamieson / Emily Staples   +44 20 7213 0880

 

Caution regarding forward looking statements

 

Certain statements in this announcement, are, or may be deemed to be, forward
looking statements.  Forward looking statements are identified by their use
of terms and phrases such as ''believe'', ''could'', "should" ''envisage'',
''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect",
''will'' or the negative of those, variations or comparable expressions,
including references to assumptions.  These forward-looking statements are
not based on historical facts but rather on the Directors' current
expectations and assumptions regarding the Company's future growth, results of
operations, performance, future capital and other expenditures (including the
amount, nature and sources of funding thereof), competitive advantages,
business prospects and opportunities.  Such forward looking statements
reflect the Directors' current beliefs and assumptions and are based on
information currently available to the Directors.

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