Redemption Out Of Capital – Public Notice
Redeemable Shares can be redeemed at the option of the company or the holder of the redeemable shares. Please see “Redemption Out of Capital – Guidance Notes” for more information.
This Redemption Out of Capital – Public Notice is the notice of the proposed payment out of capital which must be published by the company in the Gazette within the week following the passing of the special resolution regarding the use of capital for the redemption of redeemable shares. The company must also publish a similar notice in a national newspaper or it must give written notice to that effect to each of its creditors.
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