REG - Ebiquity PLC - Court confirmation of Capital Reduction <Origin Href="QuoteRef">EBQ.L</Origin>
RNS Number : 6101AEbiquity PLC08 June 2016Ebiquity plc
("Ebiquity" or the "Company")
Court confirmation of Capital Reduction
Ebiquity announced on 30 March 2016 that it intended to seek a cancellation of its share premium account (the "Capital Reduction") in order to create distributable reserves to enable the Company to continue to pay dividends to its shareholders.
Ebiquity is pleased to announce that, following shareholder approval being granted on 11 May 2016, the High Court of Justice has today made an order confirming the Capital Reduction.
It is anticipated that the Capital Reduction will become effective on 9 June 2016 following registration of the Court order by the Registrar of Companies.
A further announcement will be made in due course.
8 June 2016
ENQUIRIES:
Ebiquity
020 7650 9600
Michael Karg, CEO
Andrew Beach, CFOO
Instinctif Partners
020 7457 2020
Guy Scarborough
Matthew Smallwood
Numis Securities
020 7260 1000
Nick Westlake, Oliver Hardy (NOMAD)
Toby Adcock (Corporate Broker)
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCUWORRNVANRAR
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