REG - RiverFort Global Opp - Capital reorganisation and reduction
RNS Number : 8616GRiverFort Global Opportunities PLC19 March 202019 March 2020
RiverFort Global Opportunities PLC
("RGO" or the "Company")
Capital reorganisation and reduction
Further to the Company's recent announcement on 4 March 2020 that at the General Meeting held at 11.30am on 4 March 2020, all resolutions in connection with the capital reorganisation and reduction were passed, the Company is pleased to provide an update on this process.
Following the passing of the resolution to approve the capital reduction, the Company has now applied to the Court for confirmation that the Company's share premium account, capital redemption reserve and deferred shares in the capital of the Company be cancelled and extinguished. The first Court directions hearing was held on Wednesday 18 March 2020 and it is expected that the date of the capital reduction will be 31 March 2020, based upon the final hearing at which the capital reduction is expected to be confirmed by the Court, taking place on Tuesday 31 March 2020.
For more information please contact:
RiverFort Global Opportunities plc
+44 20 3368 8978
Phillip Haydn-Slater, Non-executive Chairman
Nominated Adviser
+44 20 7628 3396
Beaumont Cornish
Roland Cornish/Felicity Geidt
Joint Broker
+44 20 7186 9950
Shard Capital Partners LLP
Damon Heath/ Erik Woolgar
Joint Broker
+44 20 7562 3351
Peterhouse Capital Limited
Lucy Williams
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