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Rathbones Group PLC announced on 10 June 2025 that the High Court of Justice approved its application to cancel the share premium account as it stood on 31 December 2024. This cancellation was approved by shareholders at the annual general meeting on 8 May 2025, following a notice published on 31 March 2025. The Share Premium Cancellation will become effective upon registration of the Court order by the Registrar of Companies, to whom it will be sent shortly.
| Date | 10 Jun 2025 |
| Time | 10:49:48 |
| Category | Miscellaneous |
| ID | 2097M |
RATHBONES GROUP PLC (the "Company")
LEI: 213800MBTHM6UE8ZQP29
High Court Confirmation of Share Premium Cancellation
The Company is pleased to announce that the High Court of Justice, at a confirmation hearing held earlier today, has approved the Company's application to cancel the amount standing to the credit of the Company's share premium account as it stood at 31 December 2024 (the "Share Premium Cancellation").
Details of the Share Premium Cancellation were set out in the Notice of General Meeting published by the Company on 31 March 2025, and it was approved by shareholders at the annual general meeting of the Company held on 8 May 2025.
The Court order confirming the Share Premium Cancellation, and a statement of capital approved by the Court in connection therewith, will be sent to the Registrar of Companies shortly. The Share Premium Cancellation will become effective upon the registration of the Court order and associated statement of capital by the Registrar of Companies.
The Share Premium Cancellation becoming effective will not affect the rights attaching to the Company's ordinary shares and will not result in any change to the number of ordinary shares in issue (or their nominal value). It will also not impact reported shareholders' equity in total on a consolidated basis, nor alter the Group's consolidated regulatory capital, including the Common Equity Tier 1 capital.
Ali Johnson
Group Company Secretary
Email: [email protected]
Tel: 07901 118456