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Statement re. Suspension

4 Jan 2022 07:31

RNS Number : 3213X
Go-Ahead Group PLC
04 January 2022
 

The Go-Ahead Group plc

("Go-Ahead" the "Group" or the "Company")

Request for temporary suspension of listing of Ordinary Shares and Bond pending finalisation of results for the year ended 3 July 2021

 

As announced on 9 December 2021, the Company and its auditors, Deloitte, concluded that the additional time that they needed to finalise the Company's audited financial statements for the year ended 3 July 2021 ("FY21 Results") meant that it would not be possible for the Company to publish the FY21 Results by 3 January 2022.

 

As 3 January 2022 is the last date permitted for publication of the FY21 Results under the Financial Conduct Authority's (the "FCA") Disclosure Guidance and Transparency Rules (as modified by the temporary relief granted to all listed companies by the FCA on 26 March 2020) and the FCA's Listing Rules, following consultation with the FCA, the Company has requested that the listing of the Company's ordinary shares of 10 pence each (the "Ordinary Shares") and the Company's 2.50% Guaranteed Bond due 2024 (the "Bond") be temporarily suspended with effect from 7.30 a.m. on 4 January 2022.

 

The Company intends to request a restoration of the listing of its Ordinary Shares and its Bond on publication of the FY21 Results. The Group continues to work closely with Deloitte to ensure that the FY21 Results are published as soon as possible. This is expected to be before the end of January 2022.

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