REG - Coral Products PLC - Confirmation of Capital Reduction

Coral ProductsAnnouncement

17/01/2023 17:30

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RNS Number : 0354N  Coral Products PLC  17 January 2023

17 January 2023

 

 

CORAL PRODUCTS PLC

 

('Coral' or the 'Company')

 

Confirmation of Capital Reduction

 

Further to the announcement made by the Company on 30 November 2022, the Board
of Directors of Coral Products plc (AIM: CRU) announces that the reduction of
capital (the "Capital Reduction") required to effect the cancellation of the
share premium account and capital redemption reserve of the Company was
confirmed today by the High Court of Justice of England and Wales (the
"Court").

The Court order confirming the Capital Reduction, and a statement of capital
approved by the Court, will shortly be filed with the Registrar of Companies
and following their registration at Companies House, the Capital Reduction
process will be complete.

Full details of the Capital Reduction are set out in the notice of general
meeting which was sent to shareholders of the Company on 4 November 2022 (the
"Notice"). The Notice is also available for inspection on the Coral website,
www.coralproducts.com.

ENQUIRIES:

 

 Coral Products plc                 Tel: 07703 518148

 Joe Grimmond, Executive Chairman

 Nominated Adviser & Broker         Tel: 020 7397 1966

 Cenkos LLP

 Adrian Hadden

 Charlie Combe

 Financial PR                       Tel: 020 3151 7008

 Novella

 Tim Robertson

 

 

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