RNS Number : 4115B
Dawson International PLC
15 August 2008
Dawson International Plc
Directors' Declarations
Dawson International Plc (the "Company") announces the following information relating to
David Bolton and Jan Holmstrom following their
appointment to the board of directors of the Company on 29 July 2008.
David John Bolton, aged 57, is currently a director of, or during the past five years has
been a director of, the following companies:
Current directorships Previous directorships
K3 Business Technology Group Oldrapco (No. 1) Limited
plc (dissolved)
K3 Nelson Limited Oldrapco (No. 2) Limited
Colne Investments Limited (dissolved)
K3 Landsteiner Limited Oldrapco (No. 3) Limited
K3 Information Engineering (dissolved)
Limited Oldrapco (No. 4) Limited
K3 Information Services (dissolved)
Limited Oldrapco (No. 5) Limited
K3 Supply Chain Solutions (dissolved)
Limited Oldrapco (No. 6) Limited
Syspro (UK) Limited (dissolved)
Syspro Europe Limited Oldrapco (No. 7) Limited
Syspro Limited (dissolved)
K3 BTG Investments Limited Oldrapco (No. 8) Limited
Nautilus Homes (Dorset) (dissolved)
Limited Rubber and Allied Products
Index Computer Systems Limited (Sheffield) Limited
Xonitek Limited (dissolved)
Xonitek Systems Limited Welpac Limited (dissolved)
K3 BTG Limited (dissolved)
K3 Business Technology
Software Limited (dissolved)
Trifid Software Limited
(dissolved)
Eaglemaster Limited
(dissolved)
Engineers Supply Company
(Teesside) Limited (dissolved)
Onelink Travel Systems Limited
David Bolton was also a director of The Hollas Group plc between 28 September 1995 and 30
October 1998. The main activities of The
Hollas Group plc and its subsidiaries were the sourcing and supply of made-up garments, the
supply and processing of yarn and yarn-related
products, and the manufacture of ladieswear, knitwear and protective clothing. Following a
number of years of losses due to difficult
trading conditions and the failure of a number of re-financing proposals, The Hollas Group plc
invited its bankers to appoint administrative
receivers to the parent and a number of its subsidiary companies. Details relating to the
administrative receiverships of those such
companies of which David Bolton was a director are as follows:
Date of appointment Bank cross Estimated deficiency as
regards Date of
of receiver guarantee1
dissolut
(£)
ion
Creditors2
Members3
(£)
(£)
The Hollas Group plc 29.05.98 22,606,000 25,997,303
32,712,319 18.12.01
EMB Realisations Limited
(Formerly Edward Macbean 29.05.98 22,606,000 26,119,381
26,344,381 15.2.02
& Company Limited)
Hollas Garments Limited 08.06.98 22,606,000 26,059,534
26,064,534 11.3.02
Hollas Hosiery Limited 29.05.98 22,606,000 25,000,005
25,015,005 19.3.02
Textilion Limited 31.05.98 22,606,000 24,007,071
25,922,471 11.2.03
1 The bank borrowings of The Hollas Group plc were secured by cross guarantees from other
group companies and so these borrowings were
effectively a debt of each individual company.
2 The estimated deficiency as regards creditors includes the liability under the bank
cross guarantee of £22,606,000.
3 The estimated deficiency as regards members includes the estimated deficiency as
regards creditors.
Jan Gustav Lennart Holmstrom, aged 55, is currently a director of, or during the past five
years has been a director of, the following
companies:
Current directorships Previous directorships
Browallia AB Darby Group Limited
Browallia Holdings Limited Darby Glass Limited
Union Discount Company of
London Limited
Densitron Technologies Plc
Somerset AB
Mr Holmstrom was also a director of the following companies which were placed into an
insolvency procedure within twelve months of his
directorship:
Date of resignation Insolvency procedure Date of procedure
Name
Folksam International 15/03/2002 Administration Order 19/07/2002
Insurance Company (UK) Limited
Folksam Holdings (UK) Limited 15/03/2002 Voluntary Creditors 15/08/2002
Liquidation
The estimated total deficiency as regards creditors was £3,253,291 and the estimated
deficiency as regards members of Folksam Holdings
(UK) Limited was £15,253,291.
There is no further information to be disclosed under Rule 17 or paragraph (g) of Schedule
2 of the AIM Rules for Companies.
For further information, please contact:-
Dawson International Plc Tel: 01577 867000
David Cooper, Group
Finance Director
WH Ireland Limited Tel: 0161 832 2174
David Youngman
This information is provided by RNS
The company news service from the London Stock Exchange
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