FirstGroup capital reduction creates GBP 500 million distributable reserves

FirstGroup registered a capital reduction cutting its share premium account, following shareholder sign-off on July 30, 2026. The Court of Session in Edinburgh confirmed the move on Sept. 18, 2026. The transaction created GBP 500 million of additional distributable reserves. No change to the number of ordinary shares in issue or their nominal value. No impact on cash position or net assets, with no repayment or distribution of capital.