DGAP-News

Xanthus Holdings PLC: Notification of Effective Date of Reduction of Shareholder Capital via Transfer of Shares of Taiga Atlas plc

Xanthus Holdings PLC / Key word(s): Capital Reorganisation

03.05.2016 18:17

Dissemination of a Corporate News, transmitted by DGAP - a service of EQS
Group AG.
The issuer / publisher is solely responsible for the content of this announcement.

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Notification of Effective Date of Reduction of Shareholder Capital via
Transfer of Shares of Taiga Atlas plc

Xanthus Holdings plc announce that the issued share capital of the Company
has been reduced by the cancellation of 1,563,000 ordinary shares issued by
the Company leaving a balance of 1,975,776 ordinary shares issued and
outstanding. Thereby the unanimously approved resolution No 2 of the
Extraordinary General Meeting of the company held on 19th November 2015 has
become effective with value of 4th May 2016. The respective minutes were
duly published on the Company's webpage.

The purpose of the reduction was to transfer the Company's holdings of
shares in Taiga Atlas plc to the existing shareholders of Xanthus Holdings
plc in proportion to their shareholding in Xanthus Holdings plc.

The Company's shareholders now hold shares in Xanthus Holdings plc. and
their proportional share in Taiga Atlas plc.

If the reduction of share capital by way of cancellation of shares result
in any shareholder being entitled to a fractional shareholding, such
fraction shall be rounded up or down to the nearest whole share, provided
that no existing shareholder shall be left with less than one (1) share as
a result of this reduction in share capital. The proportional participation
of each shareholder has not been changed, only the number of ordinary
shares are reduced.


03.05.2016 The DGAP Distribution Services include Regulatory Announcements,
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Language: English
Company: Xanthus Holdings PLC
168, St. Christopher Street
VKT 1467 Valletta
Malta
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.xanthusholdings.com
ISIN: MT0000580101
WKN:
Listed: Open Market (Entry Standard) in Frankfurt

End of Announcement DGAP News-Service

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