TP Group PLC Capital Reduction Effective (1100L)
29 September 2016 - 12:00AM
UK Regulatory
TIDMTPG
RNS Number : 1100L
TP Group PLC
28 September 2016
28 September 2016
TP Group plc
("TP Group" or the "Company")
Reduction of Capital Effective
TP Group (AIM: TPG), the specialist technology, engineering and
managed solutions group, announces that further to its
announcements on 19 August 2016 and 8 September 2016, the Reduction
of Capital is now effective following approval by the Court today
and the registration of the Court Order at Companies House. The
Company has given certain undertakings to the Court in relation to
the reserve arising on the Reduction of Capital for the protection
of the Company's creditors at the date on which the Reduction of
Capital takes effect.
The Company confirms that following the Reduction of Capital,
the total number of ordinary shares in issue remains unchanged at
422,464,726, with a new nominal value of 1p each.
Further details of the Reduction of Capital can be found in the
circular dated 19 August 2016 (the "Circular"), which is available
from the Company's website at http://www.tpgroup.uk.com/. All
capitalised terms in this announcement are as defined in the
Circular.
For further information, please contact:
TP Group plc Tel: 01753 285 810
Phil Cartmell, Chief
Executive Officer
Derren Stroud, Chief
Financial Officer
www.tpgroup.uk.com
Cenkos Tel: 020 7397 8980
Stephen Keys / Mark Connelly
www.cenkos.com
Vigo Communications Tel: 020 7830 9700
Jeremy Garcia / Fiona
Henson
www.vigocomms.com
Notes to Editors
TP Group is a group of innovative UK based engineering
companies, supplying technologies and support to global markets. TP
Group designs and develops advanced technologies, engineers complex
equipment and systems, and provides support throughout their
operational life. The Company's shares have been traded on AIM
since July 2001.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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