AIM Rule 17 Schedule Two (g) Update
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:
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Dewhurst Group Plc |
Tel: +44 (0)208 744 8200 |
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Richard Dewhurst, Chairman Jared Sinclair, Chief Financial Officer
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Singer Capital Markets (Nominated Adviser and Sole Broker) |
Tel: +44 (0)207 496 3000 |
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Rick Thompson / Alex Bond |
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