Outcome of Court Hearing on Reduction of CapitalSource: RNS
13 September 2022
S4 Capital plc
("S4Capital" or "the Company")
Outcome of Court Hearing on Reduction of Capital
Further to the announcement made by the Company on 12 September 2022, the Company announces that the reduction of capital required to effect the cancellation of: (i) the C ordinary shares resulting from the capitalisation of its merger reserve and; (ii) its share premium account (the "Capital Reduction") was approved earlier today by the High Court of Justice of England and Wales (the "Court").
The Court order approving the Capital Reduction, and a statement of capital approved by the Court, is expected to be registered by the Registrar of Companies no later than 28 September 2022.
S4 Capital plc Tel: +44 (0)20 3793 0003/+44 (0)20 3793 0007
Sir Martin Sorrell (Executive Chairman)
Powerscourt Tel: +44 (0)778 670 2526
(PR Adviser to S4 Capital plc)