12 August 2019

S430(2B) CA2006 Statement: Wayne Edmunds

The following information is provided in accordance with s430(2B) of the Companies Act 2006.

On 5 August 2019 it was announced that Wayne Edmunds had resigned as chairman of the board of directors of Dialight plc. Under the terms of his appointment, Wayne is entitled to give 3 months’ notice of his intent to step down.   As a successor had been identified, it was agreed with Wayne that his stepping down from the Board should be with immediate effect. 

After taking due account of advice received from Dialight’s external legal advisers, Dialight’s Remuneration Committee approved the payment to Wayne of a sum of $49,525 (representing the equivalent of 3 months’ fees) payable as a single lump sum.

These arrangements comply with Dialight’s 2017 Remuneration Policy.