Dawson International PLC Appointment of Administrators (1104K)
16 August 2012 - 1:02AM
UK Regulatory
TIDMDWSN
RNS Number : 1104K
Dawson International PLC
15 August 2012
AIM: DWSN
DAWSON INTERNATIONAL PLC
("Dawson International")
Appointment of Administrators
Further to the announcements of 20 July and 8 August 2012 the
Board of Dawson International reports that, following conversations
between the directors and the trustees of the UK defined benefit
pension plans and having taken extensive advice, regrettably the
respective Boards of Dawson International and of its principal UK
trading subsidiary, Dawson International Trading Limited ("DITL"),
and of the intermediate UK holding company, Dawson International
Holdings (UK) Limited ("DIH"), have been left with no option but to
appoint administrators with immediate effect. Consequently, Gary
Steven Fraser and Blair Carnegie Nimmo, both of KPMG LLP, have
today been appointed as administrators of Dawson International,
DITL and DIH.
The directors of Dawson International would emphasise that there
remains no intention to appoint administrators for the US knitwear
business, Dawson Forte, which is well funded and continues to trade
normally.
For further information please contact:
Dawson International PLC:
David Bolton, Chairman Tel: 020 3178 6378
Dave Cooper, Group Finance Director Tel: 07836 299 548
WH Ireland Limited:
Katy Mitchell/Dan Bate Tel: 0161 832 2174
Biddicks Financial Public Relations:
Zoe Biddick/Sophie McNulty Tel: 020 3178 6378
This information is provided by RNS
The company news service from the London Stock Exchange
END
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