PRESS RELEASE: Xanthus Holdings PLC: Notification of Effective Date of Reduction of Shareholder Capital via Reverse Share Split




01.03.16 11:34
Dow Jones Newswires



PRESS RELEASE: Xanthus Holdings PLC: Notification of Effective Date of Reduction of Shareholder Capital via Reverse Share Split





DGAP-News: Xanthus Holdings PLC / Key word(s): Corporate Action
Xanthus Holdings PLC: Notification of Effective Date of Reduction of Shareholder Capital via Reverse Share Split

2016-03-01 / 11:34
The issuer is solely responsible for the content of this announcement.

Xanthus Holdings plc announces that the issued share capital of the company has been reduced by the cancellation of
16,218,986 ordinary shares issued by the company leaving a balance of 3,538,776 ordinary shares issued and outstanding.
Thereby the unanimously approved resolution No 1 of the Extraordinary General Meeting of the company held on 19th
November 2015 has become effective with value of 22nd February 2016. The respective minutes were duly published on the
company's webpage.

The purpose of the reduction was to offset losses incurred.

If the reduction of share capital by way of cancellation of shares results in any shareholder being entitled to a
fractional shareholding, such fraction shall be rounded up or down to the nearest whole share, provided that no existing
shareholder shall be left with less than one (1) share as a result of this reduction in share capital. The proportional
participation of each shareholder has not been changed, only the number of ordinary shares is reduced.

2016-03-01 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

Language: English
Company: Xanthus Holdings PLC
168, St. Christopher Street
VKT 1467 Valletta
Malta
Phone: +356 21 22 7553
Fax: +356 21 22 7667
E-mail: info@xanthusholdings.com
Internet: www.xanthusholdings.com
ISIN: MT0000580101
Listed: Open Market (Entry Standard) in Frankfurt

End of News DGAP News Service
441535 2016-03-01




(END) Dow Jones Newswires




March 01, 2016 05:34 ET (10:34 GMT)









 
 
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