Company Announcements

AIM Rule 17 Schedule Two (g) Update

Source: RNS
RNS Number : 5946G
Dewhurst Group PLC
12 March 2024
 

12 March 2024

Dewhurst Group plc

("Dewhurst", the "Group" or the "Company")

 

AIM Rule 17 Schedule Two (g) Update

 

Dewhurst Group plc (AIM: DWHT), the global manufacturer and supplier of quality components to the lift, transport and keypad industries, announces the following information relating to directors' disclosure under Schedule Two, paragraph (g) of the AIM Rules for Companies:

 

Susan McErlain, a Non-Executive Director of the board of Dewhurst, resigned as a Non-Executive Director of Trackwise Designs plc ("Trackwise") on 9 January 2023.  Subsequently, Trackwise was placed into administration.

 

The administration proceedings remain ongoing but as disclosed in the most recent Notice of Administrator's Progress Report dated 26 February 2024, it is currently estimated that there will be insufficient funds available to pay Trackwise's unsecured creditors in full.

 

For further enquiries:

Contacts:

 

Dewhurst Group Plc

Tel: +44 (0)208 744 8200

Richard Dewhurst, Chairman

Jared Sinclair, Chief Financial Officer

www.dewhurst-group.com

 



 

Singer Capital Markets (Nominated Adviser and Sole Broker)

 

Tel: +44 (0)207 496 3000

Rick Thompson / Alex Bond



 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
RDNSFDFAEELSESD