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DSN Densitron Tech.

10.75
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Densitron Tech. LSE:DSN London Ordinary Share GB0002637394 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 10.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Update Re: Proposed Return of Cash (8339B)

25/02/2011 7:00am

UK Regulatory


Densitron Tech. (LSE:DSN)
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TIDMDSN

RNS Number : 8339B

Densitron Technologies PLC

25 February 2011

Densitron Technologies plc ("Densitron" or the "Company")

Proposed Return of Cash

Further to the announcement made by the Board on 23 November 2010, the Board can now confirm that it intends to make an exceptional return of 5 pence per ordinary share to shareholders following the Group's disposal of its investment in Evervision Electronics Co. Ltd by way of a return of capital and special dividend.

The return of cash will require shareholder approval and the Company expects to post a circular in March to shareholders convening a General Meeting to approve arrangements to enable this. Subject to the approval of shareholders and the Court, the cash payments are expected to be made by the end of May 2011. A full timetable will be set out within the circular.

Enquiries

Densitron

Grahame Falconer or Tim Pearson

Tel: 0207 648 4200

Westhouse Securities Limited

Tom Price or Martin Davison

Tel: 0207 601 6100

This information is provided by RNS

The company news service from the London Stock Exchange

END

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