Dialight NewsWire News/NewsFeed The latest headlines and articles from the world of Dialight. en-US MVC RSS Dialight’s Adds Vigilant® LED Floodlight to the Growing List of 1000 Watt HID Replacement Fixtures in their Portfolio /News/Details/NEMA6_Dual_Flood 55,000 and 37,500 Lumen Dual Floodlight Fixture Delivers Energy-Saving 130 Lumens per Watt with wide 115 Degree (NEMA 6) Optics for High-Output Applications, Backed by 10-Year Full-Performance Warranty FARMINGDALE, N.J. (September 1, 2015)—Dialight (LSE: DAI.L), the innovative global leader in LED lighting technology, today set a new standard in the floodlight market with the debut of its new Vigilant® LED Floodlight. Delivering up to 55,000 lumens to meet the needs of industrial applications, the Vigilant Floodlight consumes less than half the energy of conventional HID systems, in a 30 percent lighter fixture. The most efficient floodlight of its kind, the Vigilant is the industry’s only UL1598/CE compliant floodlight suitable to replace antiquated 1,000-watt HID fixtures, delivering an ultra-efficient 130 lumens per watt with guaranteed performance to eliminate lighting maintenance for at least 10 full years. The Vigilant Floodlight features wide 115 degree (NEMA 6) optics for optimal light placement, minimal scatter and reduced glare. The Vigilant Floodlight features terminal block for simple installation and single-control operation. The system includes an adjustable stainless steel bracket for multiple mounting options, as well as secondary retention points for added safety. Weighing in at 30 percent lighter than conventional HID fixtures, the Vigilant Floodlight makes installation simpler. The Vigilant LED Floodlight system is available in both the high-output 55,000 lumen version and a 37,500 lumen model to satisfy a wide range of applications. The high-durability fixture features tempered glass lenses and sealed polyester topcoat with chemical-resistant epoxy primer powder coating for superior resistance to corrosion and other environmental factors even in the harshest conditions, including ambient temperatures ranging from -40°F to +149°F (-40° to +60°C). The entire fixture is L70 rated for over 100,000 hours of reliable performance and is backed by Dialight’s industry-exclusive 10-year full-performance warranty. For more information on Dialight’s full line of industrial lighting solutions, including IES files, LM79 reports and technical datasheets, visit www.dialight.com. Dialight’s Stand-Alone Wireless Occupancy Sensors Deliver Maximum Flexibility, Control & Efficiency for Smart LED Lighting Systems /News/Details/Wireless_Occupancy_Sensor Cordless, Plug-and-Play Sensors Install in Any Location to Control Single Fixture or Lighting Group for Maximum Energy Savings Farmingdale, N.J. (August 13, 2015)—Dialight (LSE: DAI.L), the innovative global leader in LED lighting technology for industrial applications, today unveiled its new wireless occupancy sensor, a unique battery-powered plug-and-play sensor that speeds and simplifies installation to provide maximum lighting control flexibility and energy savings in industrial applications. Designed to integrate seamlessly with any Dialight smart lighting system, the new wireless sensor can be placed virtually anywhere within a facility, without the need to install or move cabling, for nearly unlimited lighting control options. A single sensor can be programmed to control multiple lights and groups of lights, eliminating the need to install a sensor on every light. Using Pyroelectric InfraRed (PIR) technology, each sensor can instantly switch a single light or a group of lights from off to on or from a dimmed state to on when motion is detected for full visibility and brightness only when needed, greatly reducing on-time and power consumption. Multiple sensors can be linked to a single Dialight gateway to manage several (or up to 100) nodes (sensors and lights) from a single wall controller. Programmable dimming and customizable timeout options allow facilities to configure fixture on-time for each sensor at one-minute intervals. Lights can be programmed to remain on for up to 30 minutes once motion is no longer detected and then dim or turn off instantly. Auto-detect technology instantly recognizes new sensors on the network upon activation for fast and easy configuration. And, each light and sensor in the network can be securely monitored and configured remotely from anywhere through the Dialight cloud-based gateway portal using a tablet, laptop or smartphone. With its 10-year lithium batteries and self-healing 2.4 GHz IEEE 802.15.4 mesh networking system, the new occupancy sensors offer the same long-life performance and dependability of the complete Dialight wireless lighting system, backed by a 5-year warranty. The new wireless occupancy sensors have a long-range lens that detects motion up to 100 feet away at a narrow 10-degree angle, best suited for wall mounting and aisle coverage. For example, this sensor can be installed at the end of individual aisles to activate only the lights in that aisle when needed. Each low-profile sensor is just under 2 ½ inches in height and 5 inches in diameter, weighs only 10 oz. and has an operating range of -40°F to +149°F. Visual indicators and notification for network joining, motion detection and battery replacement ensure ease of installation and operation. The sensors are UL-916 certified.    For more information on Dialight’s full line of smart lighting solutions with integrated and wireless controls visit www.dialight.com. Cost Reduction Actions /News/InvestorDetails/3817V /**/ RNS Number : 3817V Dialight PLC 07 August 2015           7 August 2015 Dialight plc ("Dialight" or the "Company") Cost reduction actions   Dialight today announces actions on costs which involve a redundancy programme to reduce global headcount by approximately 130, representing around 12% of the Group's total workforce, excluding direct labour. The roles expected to be made redundant span all of the Group's countries of operation and consultation with employees has now begun. As previously outlined at our Interim Results in July, the Group experienced a downturn in profitability in the first half of 2015 due to operational inefficiencies and excess costs. We are therefore taking swift action to address these excess costs to improve profitability and better position Dialight in its key growth markets. The redundancy programme will, on a run rate basis, reduce operating costs by more than £3.0m million per year. It will save more than £1.0 million in the current financial year, although this will be offset by cash costs of approximately £1.0 million. Michael Sutsko, Group Chief Executive, said: "I believe that we have a huge opportunity ahead and Dialight is well positioned to capture significant value in our rapidly growing markets. However, as sales continue to grow, the business has taken on excess costs which have resulted in our poor first half performance. We firmly believe that our team can deliver continued growth with future resources being added in line with our strategy.  This action is a key part of our plans to transform our business in the short term whilst realigning to deliver profitable growth going forward.  As previously indicated, we will report back with the findings of our strategic review in October." Contacts:    Dialight PLC Michael Sutsko - Group Chief Executive Fariyal Khanbabi - Group Finance Director Tel: 01638 778641     Canaccord Genuity Limited Simon Bridges / Guy Marks Tel: +44 (0) 20 7523 8000    FTI Consulting Nick Hasell +44 (0)20 3727 1340    About Dialight plc The Group comprises the following business segments:   Lighting which addresses the increasing demands for Energy Efficient Lighting solutions for industrial/hazardous locations;   Signals that covers Traffic, Transportation and Obstruction signals; and   Components whose sales are primarily to Electronics OEMs for status indication.   The company is headquartered in the UK with operating locations in Australia, Brazil, Denmark, Germany, Malaysia, Mexico, Singapore, UAE, the UK and the USA. More information is available at www.dialight.com.   This information is provided by RNS The company news service from the London Stock Exchange   Cost Reduction Actions /News/InvestorDetails/Cost_Reduction_Actions     /**/         7 August 2015 Dialight plc ("Dialight" or the "Company") Cost reduction actions   Dialight today announces actions on costs which involve a redundancy programme to reduce global headcount by approximately 130, representing around 12% of the Group's total workforce, excluding direct labour. The roles expected to be made redundant span all of the Group's countries of operation and consultation with employees has now begun. As previously outlined at our Interim Results in July, the Group experienced a downturn in profitability in the first half of 2015 due to operational inefficiencies and excess costs. We are therefore taking swift action to address these excess costs to improve profitability and better position Dialight in its key growth markets. The redundancy programme will, on a run rate basis, reduce operating costs by more than £3.0m million per year. It will save more than £1.0 million in the current financial year, although this will be offset by cash costs of approximately £1.0 million. Michael Sutsko, Group Chief Executive, said: "I believe that we have a huge opportunity ahead and Dialight is well positioned to capture significant value in our rapidly growing markets. However, as sales continue to grow, the business has taken on excess costs which have resulted in our poor first half performance. We firmly believe that our team can deliver continued growth with future resources being added in line with our strategy.  This action is a key part of our plans to transform our business in the short term whilst realigning to deliver profitable growth going forward.  As previously indicated, we will report back with the findings of our strategic review in October." Contacts:    Dialight PLC Michael Sutsko - Group Chief Executive Fariyal Khanbabi - Group Finance Director Tel: 01638 778641     Canaccord Genuity Limited Simon Bridges / Guy Marks Tel: +44 (0) 20 7523 8000    FTI Consulting Nick Hasell +44 (0)20 3727 1340    About Dialight plc The Group comprises the following business segments:   Lighting which addresses the increasing demands for Energy Efficient Lighting solutions for industrial/hazardous locations;   Signals that covers Traffic, Transportation and Obstruction signals; and   Components whose sales are primarily to Electronics OEMs for status indication.   The company is headquartered in the UK with operating locations in Australia, Brazil, Denmark, Germany, Malaysia, Mexico, Singapore, UAE, the UK and the USA. More information is available at www.dialight.com.     Director/PDMR Shareholding /News/InvestorDetails/0949V /**/ RNS Number : 0949V Dialight PLC 04 August 2015        Dialight plc ("Company")   Director/PDMR Shareholding     4 August 2015   Award under The Dialight plc 2014 Performance Share Plan ("PSP")   On 3 August 2015 the under mentioned Director/Person Discharging Managerial Responsibility, was granted an award that will entitle him to receive ordinary shares of 1.89 pence each in the Company in accordance with the rules of the PSP.   Name Number of options granted under the PSP   Total number of shares over which incentive awards in the PSP held following notification % of issued class Michael Sutsko 71,644 71,644 0.22%   The award will normally vest on the third anniversary of grant subject to continued employment and the satisfaction of two performance conditions as set out below. 50% of the award is measured against the Company's total shareholder return ("TSR") over the three year period relative to the FTSE 250 Index (excluding investment trusts) ("TSR Performance Condition"). The remaining 50% of the option is measured against the Company's earnings per share ("EPS") over a three year period ("EPS Performance Condition"). TSR Performance Condition No part of the award subject to the TSR Performance Condition shall vest if the percentage increase in the Company's TSR is below the percentage increase in the TSR of the comparator index. 25% of the shares subject to the TSR Performance Condition will vest if the percentage increase in the Company's TSR is equal to the percentage increase in the TSR of the comparator index, rising on a straight-line basis, to 100% vesting if the percentage increase in the Company's TSR is equal to the increase in the TSR of the index plus 10% per annum. EPS Performance Condition No part of the award subject to the EPS Performance Condition will vest if the percentage increase in the Company's EPS is below 10% per annum, 25% of the shares subject to the EPS Performance Condition will vest if the percentage increase in the Company's EPS exceeds 10% per annum, rising on a straight-line basis, to 100% vesting if the percentage increase in the Company's EPS exceeds 25% per annum. No consideration was paid for the grant of this award and no consideration is due to be paid by the participant on the vesting of the award. This notification is made in accordance with DTR 3.1.4R(1).   Nick Giles Company Secretary, Tel: +44 (0) 1638 778641 This information is provided by RNS The company news service from the London Stock Exchange   Holding(s) in Company /News/InvestorDetails/0230V /**/ RNS Number : 0230V Dialight PLC 04 August 2015        TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): Dialight plc 2. Reason for the notification: An acquisition or disposal of voting rights 3. Full name of person(s) subject to the notification obligation: Generation Investment Management LLP 4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 31 July 2015 6. Date on which issuer notified: 4 August 2015 7. Threshold(s) that is/are crossed or reached: Above 17% 8. Notified details: A: Voting rights attached to shares Class/type of shares Situation previous to the Triggering transaction Resulting situation after the triggering transaction. Number of shares Number of voting rights Number of shares Number of voting rights % of voting rights Direct Direct Indirect Direct Indirect   GB0033057794   5,523,248   5,523,248   5,581,362     5,581,362       17.17%                     B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial instrument Expiration date Exercise/Conversion Period Number of voting rights that my be acquired if the instrument is exercised/converted % of voting rights             C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial instrument Expiration date Exercise/Conversion Period/Date Number of voting rights that my be acquired if the instrument is exercised/converted % of voting rights           Total (A+B+C) Number of voting rights % of voting rights   5,581,362   17.17% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: Notification is based on using the total voting rights figure of 32,503,260 Source: (Bloomberg) 14. Contact name: Generation Investment Management LLP - Alexander Marshall 020 7534 4700 Dialight plc - Nick Giles 01638 778641 Date: 4 August 2015   This information is provided by RNS The company news service from the London Stock Exchange