Oglesby and Butler plans full listing

THE manufacturer of soldering equipment, Oglesby & Butler, is planning to move to a full listing on the Irish Stock Exchange…

THE manufacturer of soldering equipment, Oglesby & Butler, is planning to move to a full listing on the Irish Stock Exchange ahead of the closure of the Smaller Companies Market where the company is currently listed, the chairman, Mr Nevin Dowling, has told the Oglesby annual general meeting. Mr Dowling also said that, as long as the current positive trading continues, the company expected to restart paying dividends next year. By the end of the year, Oglesby will have a clear balance sheet and will have repaid the entire £1.5 million loan drawn down in 1990.