| Share Name |
Share Symbol |
Market |
Type |
Share ISIN |
Share Description |
| Dewhurst Group Plc |
LSE:DWHA |
London |
Ordinary Share |
GB0002675261 |
'A'NON.VTG ORD 10P |
| |
Price Change |
% Change |
Share Price |
Shares Traded |
Last Trade |
| |
0.00 |
0.0% |
575.00 |
0.00 |
07:34:39 |
| Bid Price |
Offer Price |
High Price |
Low Price |
Open Price |
|
550.00
|
600.00
|
|
|
|
| Industry Sector |
Turnover (m) |
Profit (m) |
EPS - Basic |
PE Ratio |
Market Cap (m) |
|
Electronic & Electrical Equipment
|
29.77
|
3.39
|
23.48
|
24.5
|
54
|
| Last Trade Time |
Trade Type |
Trade Size |
Trade Price |
Currency |
| - |
O |
0 |
575.00 |
GBX |
Real-Time news about Dewhurst Group Plc (London Stock Exchange): 0 recent articles
| Trade Time |
Trade Price |
Trade Size |
Trade Value |
Trade Type |
No Trades
| Date | Subject |
|---|
29/6/2022
09:20 | Dewhurst Daily Update: Dewhurst Group Plc is listed in the Electronic & Electrical Equipment sector of the London Stock Exchange with ticker DWHA. The last closing price for Dewhurst was 575p.
Dewhurst Group Plc has a 4 week average price of 575p and a 12 week average price of 575p.
The 1 year high share price is 775p while the 1 year low share price is currently 525p.
There are currently 9,385,176 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Dewhurst Group Plc is £53,964,762.
|
07/7/2021
16:20 | profdoc: The increasing gap between the voters and non-voters in Dewhurst is very odd. The closest I've come to an explanation is that one day the company might be taken over, i.e. the family sell their voters. The acquirer would then give a pittance for the non-voters, so people have written. But this is what The Takeover Code has to say:
"Where a company has more than one class of equity share capital, a comparable offer must be made for each class whether such capital carries voting rights or not... A comparable offer need not necessarily be an identical offer. In the case of offers involving two or more classes of equity share capital, prices for all of which are published in the Daily Official List, the ratio of the offer values should normally be equal to the average of the ratios of the middle market quotations taken from the Daily Official List over the course of the six months preceding the commencement of the offer period. The Panel will not normally permit the use of any other ratio unless the advisers to the offeror and offeree company are jointly able to justify it. In any other case, the ratio of the offer values must be justified to the Panel in advance."
I read that to mean that if the voters are offered say a 30% takeover premium the non-voters also get a 30% premium. If someone has a long term plan to buy the company it would make some sense to buy up some voters now while trying to avoid bidding up the non-voters.
But my reading of the family's mind-set is that they will not sell the family business; a fourth generation is coming in (but then, I never thought the Haynes family would sell). I'm confident that David and Richard will do the right thing by all shareholders.
|
11/2/2021
16:46 | cockerhoop: Richard Dewhurst stepping down from Exec duties, chunky A share stake changing hands, T shares more than buoyant!
Doesn't get any more exciting than this at Dewhursts!
|
30/1/2021
21:39 | gengulphus: No, additional voting rights over 50% are not effectively worthless, because a 75% vote is needed to pass a special resolution. Since a special resolution is required to be passed to implement the scheme of rearrangement in one form of takeover, and to delist the company in the other, additional voting rights over 50% are of significant value to potential bidders. And since bidders are entitled within reason to offer different amounts for different classes of share (with what "within reason" means being determined by the Takeover Panel), there is reason to believe that if a bidder aoppears, they'll be offering as much as they can for the T's and as little as they can for the A's as the Takeover Panel will let them get away with...
Gengulphus
|
06/7/2020
13:57 | jaf111: Nice move up ....only news being a chunky share buyback which the company can clearly afford.....certainly suggests to me trading can't be too bad and a final dividend more than likely...
|
11/6/2019
07:21 | jaf111: Somewhat underwhelmed by results....was expecting a little more especially after recent run up in share price. Certainly surprised that currency movements had no material impact.
|
16/5/2019
11:48 | jaf111: very very quietly the share price keeps moving higher......
interims should be out mid June......
|
03/5/2019
13:52 | jaf111: Wide spread not encouraging much activity in either share currently after higher volumes last week.....but trend still seems in the ascendancy with thee DWHA still following DWHT
|
17/4/2019
09:34 | jaf111: Both DWHA & DWHT moving up nicely....fingers crossed this just the start....
|
25/1/2019
20:33 | cockerhoop: Share Buyback
hTTps://www.investegate.co.uk/dewhurst-plc--dwht-/rns/transaction-in-own-shares/201901251733451957O/
The 2 previous recent occasions this has happened in Feb 2017 & July 2014 performance was decent in the following 12 months. Their timing appears sound.
|
20/7/2018
12:21 | jaf111: Really really struggling to understand the continued outperformance of DWHT over DWHA.....why buy DWHT rather than DWHA????
|
Dewhurst share price data is direct from the London Stock Exchange
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