Marechale Capital PLC Capital reduction update (1091V)
26 January 2017 - 12:50AM
UK Regulatory
TIDMMAC
RNS Number : 1091V
Marechale Capital PLC
25 January 2017
25 January 2017
Marechale Capital plc
("Marechale Capital" or the "Company")
Capital reduction update
The Company has sent a letter to its shareholders explaining the
rationale for the amended resolution for the reduction in the
Company's capital, passed at the Company's Annual General Meeting
held on 14 September 2016, following the passing of a similar
resolution at the 2015 Annual General Meeting. Following this
clarification, the Company is proceeding with an application to the
High Court for confirmation of the capital reduction (as described
in the notice of the 2016 Annual General Meeting and the
announcement dated 24 August 2016), although the timing of this
confirmation will be subject to the Court's timetable.
A copy of the letter to shareholders may be viewed on the
Company's website at www.marechalecapital.com and a further
announcement will be made in due course.
For further information please contact:
Marechale Capital Tel: +44 (0)20 7628
Mark Warde-Norbury / 5582
Patrick Booth-Clibborn
Smith & Williamson Corporate Tel: +44 (0)20 7131
Finance 4000
Azhic Basirov / David
Jones
This information is provided by RNS
The company news service from the London Stock Exchange
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