Redemption or Purchase of Own Shares out of Capital

1999-03-081999-03-041999-03-11Companies Act 1985TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk55427899899
PICARDY PROPERTIES LIMITED

Notice is hereby given in accordance with section 175 of the Companies Act 1985, that the above-named Company (“the Company”) has approved a payment out of capital for the purpose of redeeming of its own shares. The amount of the permissible capital payment for the shares in question is £312,012.60. The date for the resolution for payment out of capital is 4th March 1999. A statutory declaration and auditors’ report required by section 173 of the Companies Act 1985, are available for inspection at the Company’s registered office, and any Creditor of the Company may at any time within five weeks immediately following the date of the resolution for payment out of capital apply to the Court under section 176 of the Companies Act 1985, for an Order prohibiting the payment. Company Secretary 8th March 1999.