17 May 2017
CLEANTECH BUILDING MATERIALS PLC, NASDAQ FIRST NORTH, COPENHAGEN
TICKER: CBM
Cleantech Building Materials plc
Reduction in Share Capital
Cleantech Building Materials plc ("CBM" or the "Company"), announces that following the General Meeting of the Company held on 26 April 2017, the Company has today attended the High Court of Justice of England and Wales (the "Court") in London where an application to approve the reduction of its share capital through the cancellation of the Company's share premium account was approved by the Court.
Upon the registration by the Registrar of Companies of the Court's order and the related statement of capital, the amount of £15,846,640.21 shall be transferred from the Company's Share Premium Account (which is thereby cancelled) to Distributable Reserves.
THE DIRECTORS OF CLEANTECH BUILDING MATERIALS PLC ACCEPT RESPONSIBILITY FOR THE CONTENTS OF THIS ANNOUNCEMENT.
Further Enquiries:
Cleantech Building Materials plc | info@cbm-plc.com |
Keswick Global AG (Certified Adviser) | info@keswickglobal.com +43 1 740 408045 |
IFC Advisory Limited (Financial PR) Tim Metcalfe Heather Armstrong | +44 20 3053 8671 |