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The Board of The Davis Service Group Plc (''the group'') issues the following statement before entering its pre-close period and prior to its interim announcement, which will be issued on 27 August 2010.
The Board of the Davis Service Group Plc (''The Group'') today issues its interim management statement for the period from 1 January 2010 and prior to its Annual General Meeting today at 11:00 am.
Annual results announcementfor the year ended 31st December 2009
“A solid foundation for future growth”
The Davis Service Group Plc (“Davis”) is pleased to announce that it has appointed Iain Ferguson, David Lowden and Andrew Wood as Non-Executive Directors of the Company with effect from 1 March 2010. Philip Rogerson and René Schuster will step down from the Board at the same time.
The Davis Service Group Plc (“the Group”) announces that it has made two strategic acquisitions for a combined cash consideration of £44.5 million, of which £2.5 million is deferred beyond 2010.
The Board of The Davis Service Group Plc (“the Group”) announces that it has agreed to issue $259 million (£157 million) long term senior guaranteed notes to US private placement investors. The notes, which have maturities from December 2016 to December 2021(1), have been swapped into Euro at an average interest rate of 5.219%. In addition, the Group will issue £25 million of Sterling senior guaranteed notes due December 2019 at 5.74%.
The Board of The Davis Service Group Plc (''the Group'') today issues its interim management statement for the period from 1 July 2009 in accordance with the UK Listing Authority's Disclosure and Transparency Rules.
Continued resilience: Balance sheet strengthened: Dividend maintained
The Board of Directors of the Davis Service Group Plc was notified earlier this year by Roger Dye, the Chief Executive, of his intention to retire at the end of 2009. Since then, the Board has conducted a search to identify and secure a high quality successor and is today delighted to announce the appointment of Peter Ventress, currently President of Staples International.
The Board of The Davis Service Group Plc ('the Group') releases the following trading update prior to entering its close period for the six months ending 30 June 2009. The Group's half year results will be announced on Friday 28 August 2009.