DFI Retail Group Notifies Untraced Shareholders
Why we think this is neutral
This RNS announcement is a notification to untraced shareholders regarding the sale of their shares and unclaimed dividends. It does not contain any financial or operational updates that would significantly impact the company's performance or investor sentiment.
Key Points
- Notification to untraced shareholders regarding sale of shares and unclaimed dividends
- Shareholders have 3 months to claim outstanding payments before shares are sold
- Net proceeds and unclaimed dividends will be used for the company's benefit
Summary
DFI Retail Group Holdings Limited has announced that it is notifying untraced shareholders regarding the sale of their shares and unclaimed dividends. Under the company's Bye-Laws, shareholders are deemed untraced if all payments have remained uncashed for a period of 12 years. The company is giving these untraced shareholders a 3-month period to claim their outstanding payments before the shares are sold, and the net proceeds and unclaimed dividends are used for the company's benefit.