Dialight Regulatory News (DIA)

Dialight plc

Appointment of Chairman

Dialight plc ("Dialight" or "the Group"), the leading LED lighting technology company, is pleased to announce that Wayne Edmunds has been appointed Chairman. He will join the Board with effect from 25 January 2016 to succeed Bill Ronald, who gave notice on 27 July 2015 of his intention to stand down as Chairman and Director of the Group.

Wayne was previously Chief Executive Officer and Chief Financial Officer of Invensys, a leading technology company with a global footprint. He has wide-ranging Non-Executive Director experience. He is currently a Non-Executive Director of Ashtead Group plc, BBA Aviation plc and MSCI Inc.

Stephen Bird, Senior Independent Director and Chairman of the Nomination Committee appointed to lead the succession process, said:

"We are delighted to welcome Wayne to the Board of Dialight. Wayne brings relevant commercial and boardroom experience working with global companies in the technology sector. He will be a valuable asset as we pursue our strategy to return to sustainable, profitable growth.

"The Board wishes to thank Bill Ronald for his contribution to the Group during his time as a Non-Executive Director and Chairman. He has served the business since 2009 and put in place a new management team to lead Dialight through its next stage of development."

Wayne Edmunds said:

"I am very pleased to join Dialight at an exciting time. I look forward to working with the Board and the management team to help the Group realise its potential for shareholders." 

Notes:

1. About Wayne Edmunds

Wayne Edmunds was Chief Executive Officer of Invensys plc from 2011 until 2014, having worked at the business since 2008 in various roles including Chief Financial Officer from 2009 to 2011. He joined Invensys from Reuters America Inc., where he was Chief Financial Officer, and has held several other senior finance roles in the technology sector including 17 years at Lucent Technologies. Wayne currently holds Non-Executive roles at Ashtead Group plc, serving as Chairman of the Board's Audit Committee, BBA Aviation plc and MSCI Inc.

2. Dialight confirms that there are no additional matters that would require disclosure under LR 9.6.13 R (1) to (6) in relation to this appointment.

Contacts:

Dialight PLC

Michael Sutsko - Group Chief Executive

Tel: +44 (0)1638 778641

Fariyal Khanbabi - Group Finance Director

Tel: +44 (0)7823 346586

Investor Relations

Clara Melia - Origin IR

Tel: +44(0)7748 171236

MHP Communications

Tim Rowntree / Jamie Ricketts / Tom Horsman

Tel: +44 (0)20 3128 8100

About Dialight

The Group comprises the following business segments:

· Lighting which addresses the increasing demands for Energy Efficient Lighting solutions for industrial / hazardous locations;

· Signals that covers Traffic, Transportation and Obstruction signals; and

· Components whose sales are primarily to Electronics OEMs for status indication.

The company is headquartered in the UK with operating locations in Australia, Brazil, Denmark, Germany, Malaysia, Mexico, Singapore, UAE, the UK and the USA. More information is available at www.dialight.com.