Claim against Dewhurst (Hungary) Kft

RNS Number : 0166Z

Dewhurst PLC

31 January 2014

 



Dewhurst PLC

("Dewhurst" or the "Company")

Claim against Dewhurst (Hungary) Kft

Dewhurst plc, an independent supplier of quality components to the lift, keypad and transport industries announces it has received a complaint against Dewhurst (Hungary) Kft, a subsidiary of the Company, in the District Court of Arizona by AIG Specialty Insurance Co. claiming US$7 million in respect of a purported product failure of a component supplied to a third party.

Dewhurst (Hungary) Kft intends to defend the claim with the utmost vigour.

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For further details please contact:

Dewhurst Plc Tel: [phone] Richard Dewhurst, Chairman Jared Sinclair, Finance Director Cantor Fitzgerald Europe (Nominated Adviser) Tel: [phone] David Foreman / Rick Thompson (Corporate Finance) Paul Jewell (Corporate Broking)

 

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