Bedlinens maker Dawson Intl to issue redemption notices
09 Dec '05
3 min read
Upon such delivery, the Company will pay to such Qualifying Stockholder the amount payable to effect such redemption. Qualifying Stockholders who hold their Loan Stock in CREST will be advised to input an unmatched stock event instruction to settle on or before the Redemption Date.
In accordance with the conditions of the Loan Stock (as amended on 6 December 2005), no transfer of any of the Loan Stock will be permitted from the issue of this Announcement. The Company announces that the register of Loan Stock is closed from the date of this Announcement.
Commenting on the development, Mike Hartley, Executive Chairman stated that Hartley is delighted that the company has been able to generate the resources needed to redeem the Loan Stock in full at the earliest permissible opportunity.
Cashmere business player Dawson International operates in every aspect of cashmere from goat to garment. Every Dawson business stands for premium quality, service and product innovation.
Cashmere is the most luxurious and sensual of all natural fibres. The cashmere fibre from three goats can produce enough cashmere to make one sweater.
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