The company participated in a partition capital reduction demerger in respect of its shares in Owen Greenings & Mumford (Holdings) Limited (OGM Holdings) as follows:
On 24 February 2025 the company’s 100 ordinary A shares in OGM Holdings were subdivided into 100 £0.79 A1 shares, £0.12 ordinary A2 shares and £0.09 ordinary A3 shares.
On 25 February 2025, the company entered into a share for share exchange transaction. The company exchanged its OGM Holdings shares for the same number and class of shares in OGM Moulding Limited (OGMM) as held previously.
Following the above, on 27 February 2025 the A3 share capital of OGMM was reduced. In connection with this the company was issued the same number of ordinary A shares in Clearsky Group Holdings Limited as per the A3 share capital the company held previously.
On 28 February 2025 the A2 share capital of OGMM was reduced. In connection with this the company was issued with the same number of ordinary A shares in OGM Group Holdings Limited as per the A2 share capital the company held previously.