Reduction of Capital
Updated : 12:39
This regulatory news is for Private Investors only
RNS Number : 0047L
ASA International Group PLC
19 December 2018
19 December 2018
ASA International Group Plc (the "Company")
Reduction of Capital
On 18 December 2018 and with effect from that date the Company undertook a court approved reduction of the share capital of the Company from £100,050,000.00 to £1,050,000.00 (the "Reduction").
The purpose of the Reduction is to create distributable reserves for the payment of dividends and other corporate purposes. The Reduction does not involve either the diminution of any liability in respect of unpaid capital or the payment to any shareholders of any paid-up capital of the Company.
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