Directors' Confirmation Following Reduction of Share Capital

This confirmation might be required by regulatory authorities or company stakeholders to ensure transparency and compliance in the reduction process. It typically includes statements regarding the payment of any resulting liabilities, as well as assurances that the remaining capital is sufficient to support the company's ongoing financial commitments.

Additionally, the document can serve as part of the evidence needed for adjustments in public records or changes in shareholder equity on the company's balance sheet. By submitting this confirmation, directors affirm their awareness and approval of the capital reduction, thereby safeguarding against any potential legal or financial repercussions.