Dialight Regulatory News (DIA)

2 Jan 2008 15:38

Dialight PLC02 January 2008 Date: Immediate, Wednesday 2 January 2008 Contacts: Roy Burton - Group Chief Executive Cathy Buckley - Finance Director Dialight PLC Tel: 01480 447490 Mark Ashurst - Managing Director Canaccord Adams Limited Tel: 020 7050 6500 Alistair Mackinnon-Musson Nicola Savage Hudson Sandler Tel: 020 7796 4133 Email: dialight@hspr.com DIALIGHT PLC REDEMPTION OF B SHARES Dialight plc (the "Company") announces that 2,644 of the redeemablenon-cumulative preference shares of 75 pence each in the capital of the Company("B Shares") were redeemed on 31 December 2007. Accordingly, a total of53,903,834 B Shares, representing 94.90 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 2,896,336 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 2007 will be settled through theCREST system or, for certificated holders, cheques will be despatched, no laterthan 10 January 2008. - ENDS - This information is provided by RNS The company news service from the London Stock Exchange