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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: +44 (0)208 744 8200
Richard Dewhurst, Chairman
Jared Sinclair, Chief Financial Officer
www.dewhurst-group.com (http://www.dewhurst-group.com/)
Singer Capital Markets (Nominated Adviser and Sole Broker) Tel: +44 (0)207 496 3000
Rick Thompson / Alex Bond
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