TIDMHYVE

RNS Number : 4997D

Hyve Group PLC

19 February 2020

19 February 2020

Hyve Group plc

("Hyve" or the "Company")

Share Capital Reduction Effective

Hyve Group plc announces that, further to its announcement of 24 January 2020, the High Court of England and Wales sanctioned the Company's application for its Capital Reduction on 18 February 2020. The order of the High Court confirming the Capital Reduction and the statement of capital approved by the High Court in connection therewith were registered by the Registrar of Companies on 19 February 2020, whereupon the Capital Reduction became effective.

The Company confirms that, following the Capital Reduction, the issued share capital of the Company remains at 815,780,256 ordinary shares of 1 pence each; there are no shares held in treasury. The total number of voting rights in the Company also remains at 815,780,256.

For further information please contact:

 
 Hyve Group plc 
  Jared Cranney, Company Secretary      +44 (0)20 3545 9400 
 FTI Consulting 
  Charles Palmer/ Emma Hall / Chris 
  Birt                                  +44 (0)20 3727 1000

About Hyve Group plc

Hyve Group plc is a next generation FTSE 250 global events business whose purpose is to create unmissable events, where customers from all corners of the globe share extraordinary moments and shape industry innovation. Hyve Group plc was announced as the new brand name of ITE Group plc in September 2019, following its significant transformation under the Transformation and Growth (TAG) programme. Our vision is to create the world's leading portfolio of content-driven, must-attend events delivering an outstanding experience and ROI for our customers.

Where business is personal, where meetings move markets and where today's leaders inspire tomorrow's.

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(END) Dow Jones Newswires

February 19, 2020 08:01 ET (13:01 GMT)

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