19 Jul 2023 07:00
RNS
19 July 2023
Rotala Plc
("Rotala", the "Company" or the "Group")
The 181 Fund Limited
Further to Note 32 in its annual report and accounts for the year ended 30 November 2022 ("Accounts") , which were published on 9 May 2023, the Company has been notified that John Gunn, the Company's Non-Executive Chairman, his wife, Renate Gunn, Wengen Limited and the Wengen Pension Plan (both entities which Rotala considers to be beneficial holdings of Mr Gunn's) have increased their beneficial shareholding in The 181 Fund Limited to 62.985% from 35.14% as set out in the Accounts. The 181 Fund Limited continues to hold 1,702,443 ordinary shares of 25p each in the capital of the Company representing 5.49% of the Company's issued share capital.
Rotala Plc | 0121 322 2222 |
John Gunn, ChairmanSimon Dunn, Chief ExecutiveKim Taylor, Group Finance Director | |
Shore Capital |
020 7408 4090 |
Tom Griffiths / James Thomas / Lucy Bowden (Corporate Advisory)Henry Willcocks (Corporate Broking) |
About the business
Rotala provides a range of transport solutions, ranging from local bus services under contract to local authorities, through to commercial bus routes. It has operations at Heathrow Airport, in the West Midlands and in the North West. Operating companies are Diamond Bus Ltd, Diamond Bus (North West) Ltd, Diamond Bus (East Midlands) Ltd, Hallmark Connections Ltd and Preston Bus Ltd.