RTC Group plc
(“RTC” or the “Company”)
Capital Reduction Effective.
RTC Group plc, the business services organisation focussing on white and blue collar recruitment providing temporary, permanent and contingent staff to a broad range of industries and clients in both domestic and international markets, announces that further to the announcement on 10 November 2014, the High Court of Justice (Chancery Division) sanctioned the Company’s application to cancel and extinguish the Company’s share premium account on 19 November 2014.
The order of the High Court confirming the reduction of the Company’s share capital and the cancellation of its share premium account (the “Reduction”) and the statement of capital approved by the High Court in connection therewith were registered by the Registrar of Companies on 27 November 2014, whereupon the Reduction became effective which enhances the Company’s ability to make future distributions to shareholders.
The Company confirms that, following the Reduction, the total number of ordinary shares of 1p each of RTC in issue as at 27 November 2014 remains unchanged at 13,511,626 shares.
RTC Group plc
Bill Douie, Executive Chairman
Andy Pendlebury, CEO
Sarah Dye, Group Finance Director Tel: 01332 861844
Allenby Capital Limited (Nominated Adviser and Broker)
Jeremy Porter Tel 020 3328 5656