Cleantech Building Materials: Reduction in Share Capital

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| Source: Cleantech Building Materials

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