Update re Capital Reorganisation
July 06 2009 - 4:55AM
UK Regulatory
TIDMHRL
RNS Number : 1550V
Hurlingham PLC
06 July 2009
6 July 2009
FOR IMMEDIATE RELEASE
Hurlingham PLC (the "Company")
Reduction of Capital effective 24 June 2009, posting of audited financial
statements for the year ended 30 September 2008 and posting of half-yearly
financial report for the six months ended 31 March 2009
Hurlingham PLC announces that on 24 June 2009, the High Court of Justice
confirmed a reduction of capital of the Company by authorising the acquisition
and cancellation of 100 'A' Shares of 75p each, on terms that the holder of the
'A' Shares had received in substitution and consideration for the 'A' Shares so
cancelled, 330,000 5% Preference Shares of GBP1 each in the capital of
Bettagrade Limited, as previously approved by the Company's shareholders in
General Meeting on 2 April 2009.
The reduction and cancellation became effective on 24 June 2009 upon
registration by Companies House which occurred on 2 July 2009.
As a result of completion of the above reduction of capital, the Company has
been able to finalise its audited financial statements for the year ended 30
September 2008 and its half-yearly financial report for the six months ended 31
March 2009 which were contingent on completion of this reduction of capital.
Accordingly, these financial statements and the half-yearly financial report
have been published today and copies of each are available on the Company's
website, www.hurlinghamplc.co.uk. They are also available from the Chairman at
the Company's registered office of 1 West Garden Place, Kendal Street, London W2
2AQ.
Enquiries:
Hurlingham Plc Tel: 020 7706 2121
Andrew Blurton
Arbuthnot Securities Limited Tel: 020 7012 2000
Tom Griffiths/Antonio Bossi
6 July 2009
END
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