MARECHALE CAPITAL PLC

Pre-Annual General Meeting Information • Aug 24, 2016

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RNS Number : 0660I

Marechale Capital PLC

24 August 2016

24 August 2016

Marechale Capital plc

("Marechale Capital" or the "Company")

Posting of annual report and notice of AGM and capital reduction

The Company's annual report for the year ended 31 March 2016 and notice of annual general meeting ("AGM") have been posted to shareholders and copies can be viewed on the Company's website at www.marechalecapital.com.  The AGM will be held at 11am on Wednesday 14 September 2016 at 46 New Broad Street, London EC2M 1JH.

At the forthcoming AGM, in addition to normal business, resolutions will be proposed relating to a reduction in the Company's capital.  If approved by shareholders and by the court, the Company intends to: cancel its deferred shares; cancel its share premium account; and reduce the nominal value of each ordinary share from 1p to 0.8p.  If implemented, the capital reduction would result in an amount of £3,260,237 being credited to the Company's profit and loss account thereby eliminating the accumulated deficit of £3,165,667 and resulting in a reserve of £94,570.  This proposed capital reduction will not change the number of ordinary shares in issue nor any rights attaching to ordinary shares; its aim is to remove a restriction on the Company's ability to make dividend payments in the future.

For further information please contact:

Marechale Capital Mark Warde-Norbury / Patrick Booth-Clibborn	Tel: +44 (0)20 7628 5582
Smith & Williamson Corporate Finance Azhic Basirov / David Jones	Tel: +44 (0)20 7131 4000

This information is provided by RNS

The company news service from the London Stock Exchange

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