Examples of Return of Capital in a sentence
The Return of Capital Condition is not subject to this provision of the Code.
The Deferred Shareholder, as the holder of all the Deferred Shares has consented to the Capital Reduction and the Return of Capital proposals.
After deduction of non-recurring costs and tax expenses the net cash proceeds are expected to be approximately £116 million.It is intended that, pursuant to the Return of Capital, an amount of up to £75 million (equivalent to up to approximately 14.82 pence per Share) of the net proceeds of the Disposal is returned to Shareholders.
The Return of Capital will remain subject to Completion and the final determination of the Board, as described in Section 2 of Part I (Letter from the Chairman) of this Circular.
Approval of the Reduction of Capital Resolution does not guarantee the Return of Capital.