Insurance Claim

RNS Number : 6911H

Dialight PLC

19 November 2018

 

For immediate release

Dialight plc

("Dialight" or "the Group")

Insurance claim

Dialight plc (LSE: DIA.L), the global leader in sustainable LED lighting for industrial applications, notes the recent public disclosure relating to a claim made in 2014. The claim involved an oilfield worker, who was involved in an accident while working on a drill rig in Schuylkill County, PA.

Dialight extends its sympathies to the family of the individual so tragically impacted.  The Group is one of several parties to have recently reached a negotiated settlement.  The settlement is within the Group's insurance arrangements.

Contacts:  

Dialight Plc

Tel: [phone]

Marty Rapp - Group Chief Executive

Tel: [phone]  

Fariyal Khanbabi - Group Finance Director 

MHP Communications

Tel: [phone]

Tim Rowntree

About Dialight:

Dialight (LSE: DIA.L) is a global leader in sustainable LED lighting for industrial applications. Dialight's LED products are providing the next generation of lighting solutions that deliver reduced energy consumption and create a safer working environment. Our products are specifically designed to provide superior operational performance, reliability and durability, reducing energy consumption and ongoing maintenance and achieving a rapid return on investment.

The company is headquartered in the UK with operations in the USA, UK, Denmark, Germany, Malaysia, Singapore, Australia, Mexico, Dubai and Brazil.  www.dialight.com.

Notes:

Cautionary Statement: This announcement contains certain statements, statistics and projections that are or may be forward-looking. The accuracy and completeness of all such statements, including, without limitation, statements regarding the future financial position, strategy, projected costs, plans and objectives for the management of future operations of Dialight Plc and its subsidiaries is not warranted or guaranteed. These statements typically contain words such as 'intends', 'expects', 'anticipated', 'estimates' and words of similar import. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. Although Dialight Plc believes that the expectations will prove to be correct. There are a number of factors, many of which are beyond the control of Dialight Plc, which could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements.

 

END

 

 

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