The results for the financial year 2024 are in line with the Group's Trading Update on 4 February 2025, with all material financial data provided below in advance of the publication of the audited annual report. The Group remains confident in its ability to meet recently revised market expectations.
19 March 2025, James Short, Chief Executive Officer and 39.5 per cent shareholder of the Company, informed the Board of an intention to propose resolutions at the next general meeting of Celadon to remove the 4 non-executive directors and Chairman of the Company as directors. The action of Mr Short was motivated by a desire for the Board to propose a de-listing of the Company from AIM, as Mr Short believes it will help the Group to significantly reduce its operational costs and also enable the Company to more easily access capital, and on more attractive terms, as an unlisted company. The Board up to 19 March 2025 had not been supportive of the de-listing propo