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4-Traders Homepage  >  Equities  >  Irish Stock Exchange  >  Donegal Investment Group PLC    DQ7   IE0002184616

End-of-day quote. End-of-day quote  - 11/17
7.45 EUR   0.00%
11/10 DONEGAL INVESTM : EGM Circular 10/11/2017
10/31 DONEGAL INVESTM : Share Dealing 31/10/2017
10/27 DONEGAL INVESTM : Share Purchase 27/10/2017
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Donegal Investment : EGM Circular 10/11/2017

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11/10/2017 | 08:14pm CET

Donegal Investment Group plc

('Donegal' or the 'Company')

Posting of EGM Circular

On 18 October 2017 Donegal announced that it had entered into an agreement to settle the Company's shareholder oppression claim against the majority shareholders of Elst Unlimited Company (being the holding company for Monaghan Mushrooms) resulting in the conditional sale of the Company's interest in Elst for consideration of€45,000,000 plus a variable amount expected to be between €400,000 and €500,000, subject, inter alia, to approval by the Company's Shareholders (the 'Disposal').

Donegal announces that it has dispatched a circular to Shareholders convening an Extraordinary General Meeting of the Company (the 'EGM') for Shareholders to consider and, if appropriate, approve the Disposal, which will constitute a fundamental change of Business in Donegal for the purposes of Rule 15 of the ESM Rules. The EGM will be held at The Silver Tassie Hotel, Ballymaleel, Ramelton Road, Letterkenny, Co Donegalon 27 November 2017 at 11:00am.

A copy of this announcement is available on the Company's website: www.donegaligroup.com.

A copy of the EGM circular is also available on the Company's website, and is available for inspection during usual business hours on any business day from the date of this announcement until the date of the EGM, at the offices of Arthur Cox, Ten Earlsfort Terrace, Dublin 2.

Donegal Investment Group plc

Padraic Lenehan, Finance Director

Tel: + 353 (0) 749121766

Donegal Investment Group plc published this content on 10 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 November 2017 19:13:05 UTC.

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11/10 DONEGAL INVESTMENT : EGM Circular 10/11/2017
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Financials (€)
Sales 2016 84,4 M
EBIT 2016 4,05 M
Net income 2016 -
Debt 2016 15,6 M
Yield 2016 1,91%
P/E ratio 2016 19,10
P/E ratio 2017 18,63
EV / Sales 2016 1,04x
EV / Sales 2017 1,02x
Capitalization 72,2 M
Chart DONEGAL INVESTMENT GROUP P
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Donegal Investment Group P Technical Analysis Chart | DQ7 | IE0002184616 | 4-Traders
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 1
Average target price -
Spread / Average Target -100%
EPS Revisions
Managers
NameTitle
Ian Ireland Managing Director & Executive Director
Geoffrey Vance Chairman
Patrick J. Kelly Independent Non-Executive Director
Norman Witherow Non-Executive Director
Geoffrey McClay Independent Non-Executive Director
Sector and Competitors