Oberon AIM VCT PLC Announces Proposed Capital Reduction
Why we think this is neutral
The RNS announcement is a general update regarding a proposed capital reduction and notice of a general meeting. It does not contain any of the mandatory news types such as contract news, trading update, or annual results.
Key Points
- Proposed capital reduction
- Notice of General Meeting on 5 June 2025
- Capital reduction would create distributable reserves
Summary
The investment company is seeking shareholder approval for a capital reduction to enhance its ability to pay dividends and potentially buy back shares in the future.
Oberon AIM VCT plc announces that the Company will be holding a General Meeting to seek shareholder approval for a capital reduction. The Board believes the capital reduction would enhance the Company's ability to pay dividends and potentially enable share buybacks in the future.
Key Dates
5 June 2025
General Meeting
GENERAL UPDATE