8m to shareholders. The capital comes from the sale of the 24 dealerships it has completed since the end of December 2005. The firm said having repaid core bank debt it will use the spare cash for shareholders. In returning the capital it will reduce the nominal value of each share from £1 to 50p. The group said it also planned to facilitate future dividend payments by cancelling its share premium account and crediting the amount from this to distributable reserves.