JZ Capital Partners, Crystal Amber Complete Share Redemptions
JZ Capital Partners, Crystal Amber Complete Share Redemptions

JZ Capital Partners, Crystal Amber Complete Share Redemptions

News summary

On March 14, 2025, a company announced the cancellation of 15,126,000 treasury shares, which were previously bought back since December 2023, leaving Crystal Amber with 16,573,762 shares in treasury. Additionally, the company executed a compulsory partial redemption of 7,352,941 ordinary shares, amounting to approximately 10.87% of its total issued share capital, at a redemption price of $4.08 per share. Shareholders will receive payments through CREST or by cheque, with new share certificates being issued for their remaining holdings. Following these actions, the company will have 60,320,352 ordinary shares in issue trading under a new ISIN number. The measures taken reflect strategic moves to manage the company’s share capital effectively as part of ongoing financial operations.

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