Inactive Instrument

Aggregated Micro Power Holdings plc

Equities

GB00BC4F3V69

Aggregated Micro Power : AMP - Confirmation of Capital Reduction 02-05-2018

May 02, 2018 at 04:22 am EDT

Aggregated Micro Power Holdings plc

("AMP", the "Company" or the "Group")

Confirmation of Capital Reduction

Aggregated Micro Power Holdings plc (AIM: AMPH), the specialist aggregator of distributed heat and power and renewable fuels, announces that further to its regulatory news releases on 16 March 2018 and 11 April 2018, the High Court of Justice in England and Wales has made an order confirming the cancellation of the amount standing to the credit of the Company's share premium account (the "Capital Reduction") under section 648 of the Companies Act 2006.

The Capital Reduction, as described in the Circular that was sent to shareholders on 16 March 2018 and which is available at the Company's website(www.ampplc.co.uk), was approved by shareholders at a General Meeting held on 11 April 2018. The order of the Court has been registered with the Registrar of Companies and, accordingly, the Capital Reduction has now become effective.

The purpose of the Capital Reduction is to create distributable reserves, which will allow the Company to make dividend payments at an appropriate time in the future.

Capitalised terms used herein but not defined have the same meanings as set out in the Circular.

Enquiries:

Aggregated Micro Power Holdings plc

Tel: 020 7382 7800

Neil Eckert, Executive Chairman Richard Burrell, CEO

finnCap Ltd (NOMAD & Broker)

Tel: 020 7220 0500

Ed Frisby/Simon Hicks (corporate finance) Stephen Norcross/Sultan Awan (corporate broking)

Haggie Partners (Financial PR)

Tel: 020 7562 4444

Peter Rigby/Brian Norris

Notes to Editors:

About Aggregated Micro Power Holdings plc

The AMP Group was established to develop, own and operate renewable energy generating facilities. It specialises in the sale of wood fuels and in the installation of distributed energyprojects. AMP's wholly owned subsidiary Forest Fuels sells high quality wood chip and wood pellet to end customers throughout the UK, while its projects division installs biomass boiler and biomass CHP systems for a wide range of applications and customers. AMP is also active in developing projects for stand-by power generation which aim to balance the transmission grid at times of peak demand.

www.ampplc.co.uk

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

Attachments

Original document
Permalink

Disclaimer

Aggregated Micro Power Holdings plc published this content on 02 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 May 2018 08:21:04 UTC

Latest news about Aggregated Micro Power Holdings plc

Aggregated Micro Power Holdings Limited Reports Earnings Results for the Full Year Ended March 31, 2023	Jan. 28	CI
Aggregated Micro Power Holdings Limited Reports Earnings Results for the Full Year Ended March 31, 2022	23-04-12	CI
Asterion Industrial Infra Fund I, FCR a fund managed by Asterion Industrial Partners completed the acquisition of Aggregated Micro Power Holdings plc from a group of shareholders.	20-01-16	CI
Aggregated Micro Power Holdings plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2019	19-12-19	CI
Asterion Industrial Infra Fund I, FCR a fund managed by Asterion Industrial Partners reached an agreement to acquire Aggregated Micro Power Holdings plc from a group of shareholders for £57.1 million.	19-11-28	CI
Aggregated Micro Power Holdings plc Reports Earnings Results for the Full Year Ended March 31, 2019	19-10-01	CI
Aggregated Micro Power Holdings plc Re-Affirms Earnings Guidance for the Year Ended March 31, 2019	19-09-12	CI
Aggregated Micro Power Holdings plc Provides Earnings Guidance for the Year Ended March 31, 2019	19-04-11	CI
Aggregated Micro Power Holdings plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Revenue Guidance for the Full Year 2018	18-12-13	CI
Aggregated Micro Power Holdings plc Reports Audited Consolidated Earnings Results for the Year Ended March 31, 2018	18-07-04	CI
Aggregated Micro Power Holdings plc Revises Earnings Guidance for the Year Ended 31 March 2018	18-05-31	CI
Aggregated Micro Power Holdings plc Announces Change of Registered Office	18-03-21	CI
Aggregated Micro Power Holdings plc Provides Revenue Guidance for the Twelve Months Ending March 31, 2018	18-03-20	CI
Aggregated Micro Power Holdings plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Revenue Guidance for the Second Half and Full Year 2017	17-12-15	CI
Aggregated Micro Power Holdings plc completed the acquisition of Billington Bioenergy Ltd. from Drax Group plc.	17-10-30	CI
Aggregated Micro Power Holdings plc agreed to acquire Billington Bioenergy Ltd. from Drax Group plc for £2 million.	17-10-24	CI
Aggregated Micro Power Holdings plc acquired a 50.1% stake in HWEnergy for £0.5 million.	17-07-03	CI
Aggregated Micro Power Holdings plc Reports Audited Earnings Results for the Year Ended March 31, 2017	17-06-29	CI
Aggregated Micro Power Holdings plc Provides Earning Guidance for the Full Year Ended March 31, 2017	17-05-04	CI
Aggregated Micro Power Holdings Secures £14.1 Million of Funding for First Peaking Plant Project	17-01-19	CI
Aggregated Micro Power Holdings plc Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2016	16-12-19	CI
Aggregated Micro Power Holdings plc acquired Patchwork Energy Limited for £5 million.	16-12-18	CI
Aggregated Micro Power Holdings plc Appoints Robert Bland as Non-Executive Director	16-10-06	CI
Aggregated Micro Power Holdings plc Reports Consolidated Earnings Results for the Quarter Ended March 31, 2016	16-09-30	CI
Aggregated Micro Power Holdings Seeks Acquisitions	16-09-30	CI

Chart Aggregated Micro Power Holdings plc

Duration

Period

Chart Aggregated Micro Power Holdings plc

More charts

Company Profile

Aggregated Micro Power Holdings plc is an energy company. The Company is engaged in the sale of wood fuels and the financing and installation of distributed energy projects, including biomass boiler energy saving companies (ESCOs). The Company's segments include Gasification projects, which include biomass gasification combined heat and power (CHP) at Low Plains, including the development of other gasification CHP projects, and Boiler development, which includes the development and sale of biomass boiler ESCO projects. The Company operates through two business divisions: Forest Fuels, which supplies wood chip and wood pellet to end customers, and Projects, which develops biomass boilers, biomass CHP and stand-by power generation facilities, which are financed by third party infrastructure funds. The Company's subsidiaries include Aggregated Micro Power Limited, Mathieson Biomass Limited, AMP Kingsnorth Limited, AMP Energy Services Limited and AMP Hill Barton Limited, among others.

Sector

More about the company