Result of EGM and Trading Update
June 05 2009 - 5:41AM
UK Regulatory
TIDMDYS
RNS Number : 4487T
Dyson Group PLC
05 June 2009
For immediate release 5 June 2009
Dyson Group plc ("Dyson" or the "Group")
Result of EGM and Trading Update
EGM
The Board of Dyson announces that at the Extraordinary General Meeting held
earlier today, the resolutions in respect of the revision of Group borrowing
limits and ratification of certain past borrowings were duly passed.
In accordance with paragraph 9.6.2 of the Listing Rules, two copies of the
resolutions have been submitted to the UK Listing Authority and will shortly be
available for inspection by the public during normal business hours on any week
day (public holidays excepted) at the UK Listing Authority's Document Viewing
Facility, which is situated at the Financial Services Authority, 25 The North
Colonnade, Canary Wharf, London, E14 5HS.
Trading Update
In the pre-close trading statement announced on 31 March 2009, the Group
reported that business conditions continued to be challenging. The Group has
experienced further order deferrals and its markets remain unpredictable. In
response, management is implementing further cost-saving initiatives.
The Group expects to announce its final results for the year ended 31 March 2009
in July.
Discussions with the Group's two banks, Lloyds TSB and Svenska Handelsbanken are
continuing with regard to debt facilities and banking covenants.
For further enquiries, please contact:
+----------------------------------------+--------------------------------------+
| Buchanan Communications | Tel: 0207 466 5000 |
| Charles Ryland | |
| Ben Willey | |
| Catherine Breen | |
+----------------------------------------+--------------------------------------+
| | |
+----------------------------------------+--------------------------------------+
| Dyson Group Plc | Tel: 0207 340 8528 / 0114 263 2835 |
| Patrick Lammers, Chief Executive | |
| Officer | |
| Christopher Kinsella, Finance Director | |
| | |
+----------------------------------------+--------------------------------------+
| | |
+----------------------------------------+--------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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