LightwaveRF PLC Directors' Disclosures (8124C)
June 19 2019 - 12:02PM
UK Regulatory
TIDMLWRF
RNS Number : 8124C
LightwaveRF PLC
19 June 2019
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 GBP1.5 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 GBP1.4 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 GBP1.5 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 GBP1.5 million.
For further enquiries please contact:
LightwaveRF plc www.LightwaveRF.com
Jason Elliott, CEO +44 (0) 121 250 3625
Kevin Edwards, CFO
Stockdale Securities Limited
Tom Griffiths/David Coaten +44 (0) 20 7601 6100
Yellow Jersey PR www.yellowjerseypr.com
Charles Goodwin +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/
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END
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