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CEPS PLC announced on 8 November 2023 that its Board noted a share price fall. The company referred to a circular published by Chelverton Growth Trust Plc (CGT) on 1 November 2023, detailing that CGT's shareholding of 5,460,301 CEPS shares (approximately 26% of issued share capital) will be distributed in specie to CGT shareholders, subject to a resolution at a CGT general meeting on 27 November 2023.
| Date | 8 Nov 2023 |
| Time | 14:15:00 |
| Category | Miscellaneous |
| ID | 8271S |
8 November 2023
CEPS PLC
('CEPS' OR THE 'COMPANY')
Share Price Movement
The Board of CEPS has noted the share price fall today. Shareholders should be aware that Chelverton Growth Trust Plc ("CGT") published a circular on 1 November 2023 in which it detailed that its shareholding in the Company, which amounts to 5,460,301 shares (representing approximately 26 per cent. of the issued share capital of CEPS), will be distributed in specie pro rata to CGT shareholders, subject to the passing of a resolution at a CGT general meeting on 27 November 2023.
The directors of the Company do not know of any other reason for the fall in the CEPS share price today.
The directors of the Company accept responsibility for the content of this announcement.
Enquiries
|
CEPS PLC Vivien Langford, Group Finance Director |
+44 1225 483030
|
|
Cairn Financial Advisers LLP James Caithie / Sandy Jamieson / Emily Staples |
+44 20 7213 0880 |