Back to news

Smithson Inv.Trust - Confirmation of Capital Reduction

Back to news
RNS Number : 5323R
Smithson Investment Trust PLC
01 March 2023

Smithson Investment Trust plc

(the "Company")

Confirmation of Capital Reduction

1 March 2023                                                                            LEI: 52990070BDK2OKX5TH79

Further to the announcement made by the Company on 6 February 2023, the Board of Directors of the Company (SSON: LSE) announces that the reduction of capital involving the reduction of the share premium account of the Company by £500 million (the "Capital Reduction"), was confirmed yesterday by the High Court of Justice of England and Wales (the "Court").

The Court order confirming the Capital Reduction, and a statement of capital approved by the Court, are expected to be registered by the Registrar of Companies no later than 16 March 2023 and following their registration at Companies House, the Capital Reduction process will be complete.

Full details of the Capital Reduction are set out in the notice of the general meeting which was sent to shareholders of the Company on 19 January 2023 (the "Notice"). The Notice is also available for inspection on the Company's website.

Enquiries


Apex Listed Companies Services (UK) Limited

Company Secretary

  +44 2039 748046

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCUARAROBUORAR