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Al Noor's first share capital reduction takes effect

22 January 2016 09:41

The reduction of Al Noor's share capital and cancellation of its share premium account became effective yesterday following a High Court order.

A court hearing to confirm a further reduction of Al Noor's share capital and share premium account is scheduled for 16 February and the second reduction is expected to become effective by 17 February.

The first and the second reductions will enable Al Noor to pay the special dividend and effect the tender offer to shareholders in connection with the combination with Mediclinic International.

At 9:41am: (LON:ANH) Al Noor Hospitals Group PLC share price was -1p at 1153p

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