TIDMRCH

RNS Number : 6511X

Reach PLC

21 December 2023

21 December 2023

Reach plc

("the Company")

Capital Reduction becomes effective

The Company is pleased to announce that, pursuant to an order issued by the High Court of Justice in England and Wales (the Court) for the cancellation of the amount standing to the credit of the Company's share premium account (the Capital Reduction) on 15 December 2023, the order of the Court confirming the Capital Reduction, and a statement of capital approved by the Court, were duly registered by the Registrar of Companies. Accordingly, the Capital Reduction has now become effective.

Details of the Capital Reduction were set out in the Circular containing notice of General Meeting published by the Company on 20 October 2023, and the Capital Reduction was approved by shareholders of the Company at a general meeting of the Company on 15 November 2023. The Capital Reduction does not involve any distribution or payment of capital by the Company.

 
 Enquiries 
 Reach plc 
 Jim Mullen, Chief Executive Officer 
  Lorraine Clover, Company Secretary                                                             020 7293 3000 
 
 Teneo 
 David Allchurch / Giles Kernick                                                                 020 7353 4200 
 
 
 LEI: 213800GNI5XF3XOATR61 
  Classification: 3.1. Additional regulated information required to be disclosed under the 
  laws of the United Kingdom 
 
 

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(END) Dow Jones Newswires

December 21, 2023 08:30 ET (13:30 GMT)

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