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Prime People announce result of court hearing

The Capital Reduction will take effect upon the Order of the Court being lodged with, and registered by, the Registrar of Companies, which is expected to take place on 17 July 2014. The dispatch of cheques and the crediting of the relevant CREST accounts in respect of the Return of Capital, as described in the Circular, is expected to take place on or around 24 July 2014.

Unless the context requires otherwise, defined terms used in this announcement shall have the meanings given to them in the Circular dated 29 May 2014.

A copy of the Circular is available on the Company's website at


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