Manufacturing Industry
H.R. OWEN PLC - Result of Court Hearing.
PR Newswire UK Disclose, March, 2007
28 March 2007
FOR IMMEDIATE RELEASE
H.R. Owen Plc
("H.R. Owen" or the "Company")
Result of Court Hearing
At the Court hearing held earlier today, the Court approved the reduction of
capital and cancellation of share premium account of the Company, details of
which were contained in the circular to shareholders dated 9 February 2007.
Following approval by the Court, the Company is now able to proceed with the
return of capital to shareholders of approximately [pounds sterling]11.8 million.
The despatch of cheques and credit to CREST accounts in respect of the return
of capital is expected to take place on or around 10 April 2007.
Enquiries:
Nicholas R Lancaster,...
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