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Calculation for capital redemption reserve

This topic has 1 reply, 2 voices, and was last updated 11 years ago by MikeLittle.

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March 28, 2014 at 6:36 pm #163524
Unusualskill
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Any can guide me on how to calculate for the amount of CRR for different situation? (eg.when the shares are initially issued at premium and then now redeem back at premium)
March 28, 2014 at 6:48 pm #163525
MikeLittle
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Unless it has changed since I left the UK 12 years ago, it’s the difference between the nominal value of shares redeemed lass the PROCEEDS of a new issue made to finance the redemption
But it may have changed!
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