Notice to AGM

 

TIDMDISL 
 
RNS Number : 4889V 
Discover Leisure PLC 
02 November 2010 
 

FOR RELEASE 
2 NOVEMBER 2010 
 
                              DISCOVER LEISURE PLC 
                      ("Discover Leisure" or "the Group") 
 
            Posting of Annual Report and Accounts and Notice of AGM 
 
Discover Leisure plc, the specialist touring caravan, motor home and leisure 
industry retailer, confirms that its Annual Report and Accounts for the year 
ended 31 August 2010 was published today and is being posted to those 
shareholders who have requested hard copies. 
 
An electronic copy of the Annual Report and Accounts is also available on the 
AIM Rule 26 section of the Group's website at 
http://www.discover.co.uk/corporate/results.htm 
 
In addition, the Notice of the Annual General Meeting of the Company, to be held 
on 14 December 2010 at 11am at Monckton Court, South Newbald Road, North 
Newbald, East Yorkshire, YO43 4RW, was posted to all shareholders. A copy of 
this Notice can also be found on the Group's website. 
 
 
+---------------------------+-------------+----------------------+ 
| Discover Leisure plc      |                  Tel: [phone] | 
|                           |                                    | 
+---------------------------+------------------------------------+ 
| David Morrow, Chairman                  |                      | 
+-----------------------------------------+----------------------+ 
| Trevor Parker, Chief Executive          |                      | 
+-----------------------------------------+----------------------+ 
| Neil Harwood, Finance Director          |                      | 
+-----------------------------------------+----------------------+ 
| Panmure Gordon (UK) Limited             | Tel: [phone]   | 
+-----------------------------------------+----------------------+ 
| Andrew Godber / Stuart Gledhill         |                      | 
+-----------------------------------------+----------------------+ 
| Cubitt Consulting Limited               |   Tel: [phone] | 
+-----------------------------------------+----------------------+ 
| Chris Lane / Samantha Boston            |                      | 
+-----------------------------------------+----------------------+ 
|                           |             |                      | 
+---------------------------+-------------+----------------------+ 
 
Background Note 
Discover Leisure is a leading specialist caravan, motor home and leisure 
industry retailer which floated on AIM in May 2005.  The Group's strategy is to 
lead the consolidation and modernisation of caravan and motorhome retailing in 
the UK, which also creates opportunities to sell outdoor leisure products from 
its branches and over the internet. 
 
In August 2005, Discover Leisure acquired the company which owned Harringtons 
Caravans.  On 8 September 2006, it acquired Leisure World, which owned four 
caravan retail outlets, for GBP5.75 million, followed on 3 July 2007 by the 
acquisition of Barrons Holdings, a leading retailer of caravans, motor homes and 
associated accessories with seven retail branches across the country, for 
GBP20.0 million.  On the same date, Mendip Caravan Centre, which operates three 
retail branches, was purchased for a total consideration of GBP2.2 million. On 
12 March, 2008, Discover Leisure announced the acquisition of the motor homes 
dealership based on a five acre site in Cannock in Staffordshire from the 
Brownhills Group for GBP2.66 million. 
 
With a rapid decline in the demand for leisure vehicles following the global 
financial crisis in 2008, the Group undertook a major restructuring of the 
business in 2009 including the proposal and subsequent approval of a Company 
Voluntary Arrangement (CVA), refinancing of its banking facilities and closure 
of eleven of its trading sites. 
 
The Group now has 5 branches employing 260 people across the north of England. 
The branches are located at: Birtley (Tyneside), Delamere (Cheshire), Chorley 
(Lancashire), Darlington (County Durham) and York (Yorkshire).  Its head office 
is situated in East Yorkshire. 
 
The board consists of David Morrow, Chairman; Trevor Parker, Chief Executive; 
and Neil Harwood, Finance Director.   The Non Executive Directors are Ian 
Currie, Simon Dixon and James Hayward. 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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