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On 7 October 2026, European Green Transition PLC announced that the High Court of Justice of England and Wales sanctioned its Capital Reduction. This action, approved by the Company’s shareholders on 29 June 2026, follows a confirmation hearing held on 6 October 2026 and will become effective upon registration by the Registrar of Companies, with the number of shares admitted to trading remaining unchanged.
| Date | 7 Oct 2026 |
| Time | 07:00:02 |
| Category | Capital structure |
| ID | 8786X |
European Green Transition PLC
("EGT", the "Company" or “Group”)
7 October 2026 – European Green Transition plc (AIM: EGT), a company operating in the critical infrastructure sector, announces that following the confirmation hearing held on 6 October 2026 in connection with the proposed cancellation of the sum standing to the credit of the Company's share premium account (“Capital Reduction”), which was approved by the Company’s shareholders at the Annual General Meeting on 29 June 2026, the High Court of Justice of England and Wales has now sanctioned the Capital Reduction.
The Capital Reduction will become effective on registration of the Court order and accompanying statement of capital by the Registrar of Companies in England and Wales, which is expected to occur in the next few days. The number of shares admitted to trading will be unchanged by the Capital Reduction.
The Capital Reduction will create distributable reserves and so provide the Company with the ability to pay dividends and make other distributions to shareholders in the future. However, no assurance is or can be given that the Company will declare any dividend or make any other distribution or return of value or, if it were to do so, as to the timing or amount(s) of the same.
Enquiries
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European Green Transition plc Cathal Friel, Executive Chair Jack Kelly, CFO
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+44 (0) 208 058 6129 |
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Panmure Liberum - Nominated Adviser & Broker James Sinclair-Ford / Gaya Bhatt Mark Murphy / Rauf Munir
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+ 44 (0) 20 7886 2500 |
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Camarco - Financial PR Billy Clegg / Tilly Butcher / Poppy Hawkins
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+ 44 (0) 20 3757 4980 |
Notes to Editors
European Green Transition plc (AIM: EGT) is a company operating in the critical infrastructure sector focused on acquiring, integrating and scaling profitable, revenue-generating businesses across the UK and Ireland. Through a disciplined buy-and-build strategy, EGT seeks to create value by optimising operations, enhancing growth opportunities and building a diversified portfolio of critical infrastructure service companies.
In 2026, EGT delivered a significant milestone in this strategy by acquiring an EBITDA profitable operation, maintenance, repairs, and remote monitoring platform business which serves over 900 onshore wind turbines across the UK & Ireland. This platform includes Earthmill, WEP Wind Energy Partnership, Silverford Engineering, and Anemos Analytics. The Company is also seeking to sell or partner its existing portfolio of non-core mining projects, including the Olserum Rare Earth Element (REE) Project in Sweden.
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