Dewhurst Group PLC Displays and Position Indicators
June 27 2023 - 1:00AM
RNS Non-Regulatory
TIDMDWHT
Dewhurst Group PLC
27 June 2023
Dewhurst Group PLC
(the "Company")
Displays and Position Indicators
Dewhurst Group plc (AIM:DWHT) is pleased to announce that
Dewhurst Group plc has reached agreement with Avire Limited
("Avire") to secure the exclusive rights to the E-Motive brand and
all products within the E-Motive range.
In May 2023 Avire announced their decision to exit the displays
and position indicator market and discontinue manufacturing the
E-motive range of elevator displays from October 2023.
With Avire's support we have structured a transition plan where
Dewhurst will take on the E-Motive brand and continue to
manufacture E-Motive products. These will be sold through existing
Dewhurst Group companies globally, as well as through Dewhurst
Singapore, the latest addition to the Dewhurst Group.
For over 100 years Dewhurst has championed innovation, service
and supply of quality products to meet the needs of our customers
and are fully committed to providing premium position indicator
& display products.
We look forward to working with our customers as we continue our
plans to fulfil this objective.
Contacts:
Dewhurst Group Plc Tel: +44 (0)208 744 8200
John Bailey, CEO
Jared Sinclair, Chief Financial Officer
www.dewhurst-group.com
Singer Capital Markets (Nominated Adviser and Sole Broker) Tel:
+44 (0)207 496 3000
Rick Thompson / Alex Bond / James Fischer
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