Mears Grp PLC - Publication of Circular, Notice of General Meeting
Announcement provided byMears Group plc · MER
11 August 2023
Mears Group PLC
Publication of Circular and Notice of General Meeting
Cancellation of the Share Premium Account
The Company today announces that it has posted to shareholders a circular (the "Circular"), regarding the proposed cancellation of the entire amount standing to the credit of the Company's share premium account (the "Capital Reduction"), together with a form of proxy.
The Circular contains a notice of general meeting of the Company's shareholders (the "Notice of General Meeting"), which is to be held at the offices of Numis Securities Limited, 45 Gresham Street,
The Capital Reduction is conditional upon the passing by the Company's shareholders of the special resolution set out in the Notice of General Meeting, as well as the subsequent confirmation by the Court of the cancellation.
If it becomes effective, the Capital Reduction would create additional distributable reserves of approximately
National Storage Mechanism
The Circular (including the Notice of General Meeting) and the form of proxy have been have been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. A copy of the Circular (including the Notice of the General Meeting) will also be available for viewing on the Company's website at www.mearsgroup.co.uk.
For further information contact:
Mears Group PLC
Ben Westran, Company Secretary
Tel: +44(0)1452 634660