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Redemption of B shares

30th Dec 2005 07:00

Dialight PLC30 December 2005 Dialight plc 30 December 2005 REDEMPTION OF B SHARES Dialight plc (the "Company") announces that 25,626 of the redeemablenon-cumulative preference shares of 75 pence each in the capital of the Company("B Shares") will be redeemed on 31 December 2005. Accordingly, a total of53,849,644 B Shares, representing 94.81 per cent. of the B Shares originally inissue, have now been redeemed in accordance with the terms and conditionsattaching to the B Shares. The Company may, at its discretion, redeem theremaining 2,950,526 B Shares at any time and will be obliged to do so no laterthan 31 December 2008. Payment on the B Shares redeemed on 31 December 2005 will be settled through theCREST system or, for certificated holders, cheques will be despatched, no laterthan 7 January 2006. This information is provided by RNS The company news service from the London Stock Exchange

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Dialight
FTSE 100 Latest
Value8,275.66
Change0.00