REG - Vistry Group PLC - Capital Reduction becomes effective

VistryAnnouncement

04/07/2025 10:00

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RNS Number : 8000P  Vistry Group PLC  04 July 2025

4 July 2025

 

 

Vistry Group PLC

Capital Reduction to increase distributable reserves becomes effective

 

Vistry Group PLC (the "Company") is pleased to announce that following
approval from the Company's shareholders at its Annual General Meeting held on
14 May 2025 ("AGM"), on 24 June 2025, the High Court of Justice in England and
Wales (the "Court") sanctioned the reduction in capital by way of cancelling
the New Deferred Shares (the "Capital Reduction").

The order of the Court confirming the Capital Reduction and associated
statement of capital approved by the Court, have now been duly registered by
the Registrar of Companies. Accordingly, the Capital Reduction became
effective on 4 July 2025. The Capital Reduction does not involve any
distribution or repayment of capital to the Company.

As set out in the Company's Notice of Annual General Meeting published on 11
April 2025, the effect of the Capital Reduction will be to increase
distributable reserves and give the Company further flexibility to deliver
shareholder returns over the coming years in the form of share buybacks and/or
dividends.

 

For further information please contact:

 Vistry Group PLC                                   

 Tim Lawlor, Chief Financial Officer               020 3048 3393

 Susie Bell, Group Investor Relations Director      

                                                    

 FTI Consulting

 Richard Mountain / Susanne Yule                   020 3727 1340

 

 

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