29 January 2014 Serviced Office Group (AIM: SVO) Approval of Capital Reduction Serviced Office Group plc ("SVO" or the "Company") is an AIM-listed provider of flexible office space and IT solutions, currently operating 38 business centres, predominantly in the London area.

SVO is pleased to announce that on 29 January 2014 the Companies Court approved its application for a reduction of its capital involving the cancellation of the Company's deferred shares and share premium account (the "Capital Reduction"). As a result of the Capital Reduction, the Company is expected to have distributable reserves to allow it to pay dividends in the future, should the Board consider it appropriate to do so.
The Capital Reduction will take effect on the registration of the order made by the Companies Court by the Registrar of Companies. This registration is expected to take place on or before 12 February
2014.
Enquiries:
Serviced Office Group Tel: 020 7550 5500
Daniel Taylor, Chairman
Alan Pepper, Chief Executive
Shore Capital & Corporate Tel: 020 7408 4090
Stephane Auton / Patrick Castle
Weber Shandwick Tel: 020 7367 5100
Nick Oborne

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