Share
premium
£000
Treasury
shares
£000
Special
reserve
£000
Profit and
loss account
£000
At 30 June 201230,794(366)6,059(5,382)
Profit for the year3,653
Ordinary shares issued during the year2,901
Dividends paid to ordinary shareholders(122)
Share-based compensation62
At 30 June 201333,695(366)6,059(1,789)
Profit for the year5,806
Ordinary shares issued during the year124
Dividends paid to ordinary shareholders(540)
Cancellation of deferred shares1
Sale of treasury shares214366
Share-based compensation171
At 30 June 201434,0336,0593,649

A resolution was passed at the AGM in November 2011 for the capitalisation of the Parent Company's reserves to allow for the possibility of distributions in the future. A copy of this resolution is available from Companies House.