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Capital Reorganisation
RNS Number : 1011H
Dunedin Enterprise Inv Trust PLC
30 July 2021
 

Dunedin Enterprise Investment Trust PLC

 

LEI:     213800E2VLUZ5AF9Z434

 

Date:  30 July 2021

 

Conversion of Capital Redemption Reserve

Dunedin Enterprise Investment Trust PLC (the Company) announces that, following the approval by shareholders at the Company's Annual General Meeting held on 12 May 2021, the Court process to convert its capital redemption reserve into a distributable reserve by cancelling the entire amount standing to the credit of its capital redemption reserve as described in the Company's Notice of Annual General Meeting (which is available on the Company's website https://www.dunedinenterprise.com) has commenced. Following a hearing at the Court of Session earlier today, the Court has ordered that the Company advertise its petition and seek answers thereto. Following that advertisement and the fixing of the date for the final hearing, the Company will announce the expected timetable for the capitalisation of its capital redemption reserve by way of the reduction of that part of the Company's share capital.

 

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