GOG.L Regulatory News (GOG)

5 June 2019

Go-Ahead appoints Elodie Brian as Chief Financial Officer

The Go-Ahead Group plc today announces that Elodie Brian has been appointed as Chief Financial Officer on a permanent basis. Elodie has been the Group's Interim Chief Financial Officer since December 2018, having previously worked as Finance and Contracts Director at Southeastern.

 Go-Ahead Group Chief Executive, David Brown, said:

"I am delighted that Elodie can build on the impact she has already made to the business in the past six months. Her continuing support of the Group's strategy and her wealth of experience in rail will contribute considerably to our future success. Her appointment is testament to her leadership skills and evidence of the strength of talent that we have within Go-Ahead."

Elodie Brian, Go-Ahead Group Chief Financial Officer, added:

"The business has an ambitious growth strategy and I am excited to be working with David to deliver it. I am looking forward to building on Go-Ahead's reputation for being a responsible business and for transparent financial reporting."

In accordance with the UK Listing Rules, the Group confirms that there are no further details that are required to be disclosed under paragraph LR 9.6.13 (1) - (6) of the UK Listing Rules in respect of Elodie Brian.

Go-Ahead will, tomorrow, release its trading update for the period from 30 December 2018 to 5 June 2019.

ENDS

GO-AHEADGo-Ahead is a leading UK public transport operator, providing high quality services in the bus and rail sectors. Employing around 28,000 people across our businesses, over one billion passenger journeys are undertaken on our services each year. We are committed to operating our companies in a safe, socially and environmentally responsible way and are proud to have been the first FTSE250 company to be certified with FTSE4Good accreditation and have been recertified for seven consecutive years. In addition to the travelling public, our customers include the Department for Transport, Transport for London (TfL) and local authorities.

BUSGo-Ahead is one of the UK's largest bus operators. With a fleet of around 5,000 buses, we carry over two million passengers every day. Our operations are focused on high density commuter markets. We have a strong presence in London, with around 23 per cent market share, where we provide regulated services for TfL. Outside London, we operate services in Oxford, East Anglia, Hull, the South East, Southern and north east England. In September 2016, the Group began operating a bus contract in Singapore, and in September 2018 began operating one of two Irish bus contracts.

RAIL The rail operation, Govia, is 65 per cent owned by Go-Ahead and 35 per cent by Keolis. It is the largest rail operation in the UK, responsible for over 30 per cent of all UK passenger rail journeys through its rail franchises: GTR (Govia Thameslink Railway) and Southeastern.

Disclaimer

Certain statements included in this press release contain forward-looking information concerning the Group's strategy, operations, financial performance or condition, outlook, growth opportunities or circumstances in the sectors or markets in which the Group operates. By their nature, forward-looking statements involve uncertainty because they depend of future circumstances, and relate to events, not all of which are within the Group's control or can be produced by the Group. Although the Group believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Nothing in this press release should be construed as a profit forecast and no part of these results constitutes, or shall be taken to constitute, an invitation or inducement to invest in The Go-Ahead Group plc or any other entity, and must not be relied upon in any way in connection with any investment decision. Except as required by law, the Group undertakes no obligation to update any forward looking statement.