Dewhurst Group PLC AIM Rule 17 Schedule Two (g) Update

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: [phone]
Richard Dewhurst, Chairman Jared Sinclair, Chief Financial Officer www.dewhurst-group.com
Singer Capital Markets (Nominated Adviser and Sole Broker)	Tel: [phone]
Rick Thompson / Alex Bond

 

 

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