Dewhurst Share Price (DWHT)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Dewhurst Group Plc	LSE:DWHT	London	Ordinary Share	GB0002675048	ORD 10P

	Price Change	% Change	Share Price	Shares Traded	Last Trade
	0.00	0.0%	1,335.00	1,046	07:31:20

Bid Price		Offer Price	High Price	Low Price	Open Price
1,300.00		1,370.00	1,335.00	1,335.00	1,335.00

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Electronic & Electrical Equipment	56.25	9.56	86.98	15.3	99

Last Trade Time	Trade Type	Trade Size	Trade Price	Currency
14:20:40	O	8	1,365.00	GBX

Related Shares
Halma (HLMA), Spectris (SXS), Sabien Technology (SNT), Univision Engineering (UVEL)

Dewhurst (DWHT) Latest News

Dewhurst News

Date	Time	Source	Headline
14/12/2022	13:14	UKREG	Dewhurst Group PLC Director / PDMR Dealing
08/12/2022	17:47	ALNC	IN BRIEF: Dewhurst profit drops on price pressures, cyber attack cost
08/12/2022	07:00	UKREG	Dewhurst Group PLC Preliminary Results
12/7/2022	08:52	ALNC	Dewhurst promotes John Bailey to CEO after 15 years with company
12/7/2022	06:00	UKREG	Dewhurst Group PLC Appointment of Chief Executive Officer
15/6/2022	10:53	ALNC	Dewhurst interim revenue down as Australia sales hit by Covid curbs
15/6/2022	10:51	UKREG	Dewhurst Group PLC Director / PDMR Dealing
15/6/2022	06:00	UKREG	Dewhurst Group PLC Interim Results
01/6/2022	15:29	ALNC	IN BRIEF: Dewhurst annual profit to be hit by costs of cyber attack
01/6/2022	06:01	UKREG	Dewhurst Group PLC Cyber Incident

More Dewhurst News

Dewhurst Investors Dewhurst Takeover Rumours

Dewhurst (DWHT) Share Charts 1 Year Dewhurst Chart
1 Month Dewhurst Chart	Intraday Dewhurst Chart

Dewhurst (DWHT) Discussions and Chat

Dewhurst Forums and Chat

Date	Time	Title	Posts
01/6/2022	08:08	Dewhursts - a good component for your portfolio?	148
10/6/2018	02:29	Dewhurst (DWHT) One to Watch on Monday	-
18/2/2013	21:10	Dewhurst	20
01/10/2012	19:53	Dewhursts with Charts & News	22

Add a New Thread

Dewhurst (DWHT) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
14:20:41	1,365.00	8	109.20	O
10:24:02	1,369.00	291	3,983.79	O
09:40:53	1,311.00	529	6,935.19	O
08:00:32	1,372.79	218	2,992.67	O

View all Dewhurst trades in real-time

Dewhurst (DWHT) Top Chat Posts

Top Posts
Posted at 07/2/2023 08:20 by Dewhurst Daily Update Dewhurst Group Plc is listed in the Electronic & Electrical Equipment sector of the London Stock Exchange with ticker DWHT. The last closing price for Dewhurst was 1,335p. Dewhurst Group Plc has a 4 week average price of 1,150p and a 12 week average price of 1,065p. The 1 year high share price is 1,630p while the 1 year low share price is currently 1,025p. There are currently 7,424,717 shares in issue and the average daily traded volume is 577 shares. The market capitalisation of Dewhurst Group Plc is £99,119,971.95. Read Full Thread Reply
Posted at 04/8/2021 08:33 by gengulphus Just to argue against myself: non-voters are 57% of all shares. If both classes traded at say £10 then each share has an equal claim on earnings. However if the non-voters end up with a only a say 26% claim on overall earnings. That could indeed be a problem. Hmm. Each share does have an equal claim on earnings: the company's Articles of Association ( https://www.dewhurst.plc.uk/wp-content/uploads/Articles-of-Association.pdf ) basically say that in their section 6.1.3, by saying that both dividends and returned capital must be paid in equal amounts per share. That isn't affected by the market price of the shares: DWHT shares are priced higher than DWHA shares because they have voting rights and the DWHA shares don't, not because they have any greater claim on earnings. Or to be precise, it's not that DWHA shares have no voting rights, but that they have extremely limited voting rights: section 8.1 of the Articles of Association says: "Subject to the provisions of the Statutes, any proposed variation or abrogation of the rights attached to the A Ordinary Shares, whether or not the Company is being wound up, which would result in such rights not ranking pari passu with the rights attaching to the Ordinary Shares (save in respect of voting) shall only be effective if made with the consent in writing of the holders of not less than three-quarters in nominal value of the issued A Ordinary Shares or with the sanction of a special resolution passed at a separate general meeting of the holders of the A Ordinary Shares (but not otherwise) and for this purpose alone the holders of the A Ordinary Shares shall have the right to vote at such separate general meeting." The gist of which is that if any company proposal to alter the fact that each share has an equal claim on earnings can only go through if the DWHA shareholders approve it separately from the DWHT shareholders (and they can vote about it despite normally being non-voters). This is of course an important safeguard for DWHA shareholders - without it, the DWHT shareholders could push through changes to section 6.1.3 to give themselves greater claims to the company's earnings at the expense of the DWHA shareholders without the latter being able to do anything about it. That includes any proposal to consolidate the two classes of share unless it's done on a straight 1-for-1 basis, and also any proposal to amend the Articles of Association by altering that section 8.1 safeguard. Of course, any proposed consolidation is extremely unlikely to be on a 1-for-1 basis - that would involve the DWHT shareholders (and the Dewhurst family in particular) giving up control of the company for no benefit to themselves. But they'll have to get the DWHA shareholders' consent to the amount of benefit they get to compensate them for their loss of company control - otherwise the consolidation won't go through. Equally, though, I should amend my statement in my last post that "And with the share price ratio currently being about 4 times, you'd expect their fractions of the consolidated share capital to be in the ratio 4:1.44, or about 73.5%:26.5%.". My thinking at the time I made it was influenced by what I know of the Takeover Code: its Rule 14 basically requires that a bidder for Dewhurst splits their offer between the two classes on that sort of basis. But would a consolidation on that sort of basis pass its vote at a meeting of DWHA shareholders? I doubt it... So I think a realistic consolidation proposal would have to be on some sort of compromise basis between "1 DWHT share = 1 DWHA share" (which will clearly be unacceptable to DWHT shareholders) and "1 DWHT share = ~4 DWHA shares" (which I very much doubt would be acceptable to DWHA shareholders) if it's to stand any chance of being approved by both DWHT and DWHA shareholders. (And just to be clear, it would need approval by separate meetings of the two classes of shareholder: DWHT shareholders won't be able to vote in the DWHA meeting any more than DWHA shareholders can vote in the DWHT meeting). But whether there is such a compromise to be found, I don't know, nor do I have any idea what its basis would be if it could. Gengulphus Read Full Thread Follow Reply
Posted at 30/7/2021 09:11 by profdoc Just to argue against myself: non-voters are 57% of all shares. If both classes traded at say £10 then each share has an equal claim on earnings. However if the non-voters end up with a only a say 26% claim on overall earnings. That could indeed be a problem. Hmm. Read Full Thread Follow Reply
Posted at 29/7/2021 23:15 by gengulphus Typically at Dewhurst the voting shares have traded at around twice the price of the non voting shares so you would expect them to get around 66% of the consolidated share capital with the non voting shares getting the rest. Currently the ratio is around 4 times the price of the non voting shares so you would expect them to get around 80% of the shares. It's a bit more complicated than that, because there are about 44% more non-voting shares in issue than voting shares. So with voting shares typically being about twice the price of non-voting shares, you would expect their fractions of the consolidated capital to be in the ratio 2:1.44, or about 58%:42%. And with the share price ratio currently being about 4 times, you'd expect their fractions of the consolidated share capital to be in the ratio 4:1.44, or about 73.5%:26.5%. Gengulphus Read Full Thread Follow Reply
Posted at 28/7/2021 10:48 by arthur_lame_stocks Hi Glen Because they have two classes of share, the voting and the non voting, they may choose to consolidate these into one class of share which may make them more appealing to investors generally. If this happens they will have to choose who gets what percentage of the company after the consolidation bearing in mind that the voting shares should have an intrinsically higher value than the non. Typically at Dewhurst the voting shares have traded at around twice the price of the non voting shares so you would expect them to get around 66% of the consolidated share capital with the non voting shares getting the rest. Currently the ratio is around 4 times the price of the non voting shares so you would expect them to get around 80% of the shares. I saw a similar thing happen at BLEY which admittedly was never run with the minority holders in mind. I have no idea whether something of this nature is going to happen but it is strange that this price differential has suddenly opened up. Read Full Thread Follow Reply
Posted at 27/7/2021 11:44 by arthur_lame_stocks I'm wondering whether the growth in the voting shares and the stagnation in the non voting shares is because they're planning a share consolidation on unfavourable terms for the non voting shares as happened at CH Bailey. Read Full Thread Follow Reply
Posted at 15/1/2021 12:44 by bench2 Big move in Dewhurst and DWHA ..... , Annual Report arrived today , I will check later to see if anything extra to account for the move ... IC is getting a bigger following but is there something else driving the share price ? The gap between the Ords and A shares is now the widest I have seen . Obviously a tight market in the Ords with no family sellers . Any thoughts welcome Read Full Thread Follow Reply
Posted at 10/6/2018 02:29 by danieldanj Dewhurst (DWHT) Earnings-Reaction to Keep an Eye http://crweworld.com/Earnings-Calendar Read Full Thread Follow Reply
Posted at 10/2/2017 12:54 by little beaker Hi can someone tell me what the difference is between DWHT and DWHA shares, thanks Read Full Thread Follow Reply
Posted at 01/2/2017 08:21 by cockerhoop Cheap as chips Acq hTTp://www.investegate.co.uk/dewhurst-plc--dwht-/rns/acquisition/201702010756236998V/ Read Full Thread Follow Reply
Posted at 22/6/2015 09:33 by patviera Great news dwhtShares ahouls be up 30p Read Full Thread Follow Reply

Dewhurst share price data is direct from the London Stock Exchange

Your Recent History

LSE

DWHT

Dewhurst

Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Advertise Here

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

ADVFN UK Investors Hub ADVFN Italy ADVFN Australia ADVFN Brazil

ADVFN Canada ADVFN Germany ADVFN Japan ADVFN Mexico

ADVFN France ADVFN US

P: V: D:20230207 20:57:36