19 Jun 2019 17:02
19 June 2019
LightwaveRF plc
("LightwaveRF" or the "Company")
Directors' Disclosures
LightwaveRF (AIM: LWRF), the leading smart homes solutions provider, makes the following disclosures pursuant to Rule 17 of the AIM Rules for Companies.
Mike Lord, non-executive director of LightwaveRF, was a director of AJ Way Limited which entered administration on 14 November 2018. The administrators interim report estimates that there will be a shortfall to creditors of approximately £1.5 million. Mr Lord was director of Jabez Cliff & Company Limited, which undertook a Company Voluntary Arrangement on 23 December 2013 and subsequently entered administration on 16 June 2014. The administrator's report for the period to 15 December 2014 showed a shortfall to creditors of approximately £1.4 million. The company was subsequently dissolved on 11 September 2015. Mr Lord was a director of Eurocare Showers Limited, which entered administration on 29 January 2015. The final administrator's report estimated a shortfall to creditors of approximately £1.5 million.
Kevin Edwards, Chief Financial Officer of LightwaveRF, was a director of Redweb Security (UK) Limited ("Redweb Security") until 31 January 2009. On 14 September 2009, within 12 months of Mr Edwards ceasing to act as a director, Redweb Security entered administration and was dissolved on 9 September 2010, with a shortfall to creditors (primarily comprising shareholder loans) of approximately £1.5 million.
For further enquiries please contact:
LightwaveRF plc Jason Elliott, CEO Kevin Edwards, CFO | www.LightwaveRF.com +44 (0) 121 250 3625 |
Stockdale Securities Limited Tom Griffiths/David Coaten |
+44 (0) 20 7601 6100 |
Yellow Jersey PR Charles Goodwin | www.yellowjerseypr.com +44 (0) 7747 788 221 |
About LightwaveRF
LightwaveRF is the UK's only fully integrated home automation company.
New customers typically buy a starter pack of Link Plus hub and smart dimmer which has Apple HomeKit compatibility, 2-way communication and built-in energy monitoring. Later adding other easy to install devices from the Lightwave range enables further in-home control, monitoring and automation of lighting, heating and power.
Devices may be operated manually, by smartphone or tablet-based apps and also through Google Assistant and Amazon Alexa voice control.
Leading tech industry publication 9to5 Mac describes LightwaveRF as "the best UK HomeKit solution for smart lighting".
For further information and "Newsletter sign up", please visit: www.LightwaveRF.com/corporate/