focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksROL.L Regulatory News (ROL)

  • There is currently no data for ROL

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Press Release re Competition Commission

24 Feb 2010 15:37

RNS Number : 6278H
Rotala PLC
24 February 2010
 

ROTALA PLC

PRESS RELEASE 24 FEBRUARY 2010

 

The Company is pleased to provide an update on its role in the on-going Investigation of the Bus Industry by the Competition Commission.

 

We welcome the investigation being undertaken by the Competition Commission and plan to participate fully in its deliberations. The investigation provides operators, large and small, with an opportunity to air their views and experiences in a forum which is independent of the bus sector itself or its industry representatives. We do have views on appropriate reforms and have made these initial views known to the Commission. We have also been in receipt of questionnaires from the Competition Commission which seek detailed data on our operations. We intend to respond fully to these requests in due course.

We have said before, and we would repeat, that, in our opinion, the bus sector is indeed subject to certain anti-competitive practices. Some of these have affected our constituent businesses Diamond Bus, Central Connect and Wessex Connect. It is our expectation that the report of the Competition Commission, when it is delivered in some eighteen months to two years' time, will highlight certain issues of relevance to our businesses. If Government deals with these issues in a satisfactory manner, we, as we have remarked before, would expect benefits to flow to our operations both in the West Midlands and in South West England.

 

 

For further information please contact:

 

 

 

Rotala Plc:

John Gunn, Chairman

020 7621 5770

Simon Dunn, Chief Executive

0121 322 2222

07825 808 525

Kim Taylor, Group Finance Director

0121 322 2222

07825 808 529

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAEASALAADEEFF
Date   Source Headline
3rd May 20067:02 amRNSAcquisition
10th Apr 20063:56 pmRNSHolding in Company
30th Mar 20063:03 pmRNSPlacing of new shares
8th Feb 20067:00 amRNSUpdate on Placing
27th Jan 20062:31 pmRNSDirectorate Change
18th Jan 20063:14 pmRNSIssue of Equity
10th Jan 20067:00 amRNSRestoration - Rotala PLC
10th Jan 20067:00 amRNSInterim Results
30th Dec 200510:30 amRNSStatement re Settlement
30th Dec 200510:30 amRNSSuspension - Rotala plc
25th Nov 20055:15 pmRNSUpdate
26th Sep 20057:01 amRNSUpdate
5th Sep 20054:22 pmRNSDirector Shareholding
2nd Sep 20055:00 pmRNSDirector Shareholding
2nd Sep 200512:01 pmRNSDirector Shareholding
1st Sep 20053:15 pmRNSDirector Shareholding
31st Aug 20055:31 pmRNSDirector Shareholding
26th Aug 200511:48 amRNSEGM Statement
9th Aug 200511:22 amRNSAcquisition & Re-Admission
9th Aug 200510:24 amRNSShedule 1 - Rotala PLC
11th Apr 20053:00 pmRNSStatement re: Suspension
11th Apr 20053:00 pmRNSSuspension - Rotala plc
30th Mar 20054:05 pmRNSGrant of Options
29th Mar 20058:00 amRNSFirst Day of Dealings on AIM

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.