Zytronic cleans up balance sheet

Exercise could open door to cash return down the line
Thursday 12 Jan 2017 Author: Steven Frazer

Hi-tech displays and touch sensors business Zytronic (ZYT:AIM) is going through the legal motions to make £8.9m of non-distributable cash reserves available. Cancelling the share premium account looks like a balance sheet tidying exercise in the short-term, but it will open the option to a shareholder cash return in future.

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