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FirstGroup capital reduction creates GBP 500 million distributable reserves

PUBT·09/21/2026 16:26:37
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FirstGroup capital reduction creates GBP 500 million distributable reserves
  • FirstGroup registered a capital reduction cutting its share premium account, following shareholder sign-off on July 30, 2026.
  • The Court of Session in Edinburgh confirmed the move on Sept. 18, 2026.
  • The transaction created GBP 500 million of additional distributable reserves.
  • No change to the number of ordinary shares in issue or their nominal value.
  • No impact on cash position or net assets, with no repayment or distribution of capital.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Firstgroup plc published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609211018PR_NEWS_PRUKDSCX_0092) on September 21, 2026, and is solely responsible for the information contained therein.