Source - RNS
RNS Number : 3537I
Donegal Investment Group PLC
29 August 2016

Donegal Investment Group plc ("DIG" or the "Company")

29 August 2016

Statement re Change of Financial Year End

As announced at the Company's AGM on 7 July the Company will change its year end from the 31 December to 31 August.  This will allow the Group to have greater visibility on the seasonal performance of its produce and animal feeds business in advance of each new-year ending on 31 August going forward. This is in contrast with the current year-end of 31 December which due to its timing makes forecasting of full year outturn difficult due to the significant dependency of the Produce business' performance on final quarter volume shipments of seed potato. 

The Group will therefore publish its next set of results for the eight months to 31 August 2016 on 28 November 2016 with its new interim results reporting period being to the end of February in each year going forward.



Donegal Investment Group

Ian Ireland, Managing Director

Telephone: + 353 74 912 1766

Investec Corporate Finance Ireland Limited

Jonathan Simmons, Director

Telephone: + 353 1 4210000


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