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Proposed Disposal of Findel Education - Update

16 Oct 2020 07:03

RNS Number : 3157C
Studio Retail Group PLC
16 October 2020
 

 

16 October 2020

 

Studio Retail Group plc

 

Proposed Disposal of Findel Education - Update on CMA process

 

Studio Retail Group plc (the "Company") notes the publication this morning by the CMA regarding its inquiry into the proposed disposal of Findel Education Limited to the Council of the City of Wakefield, acting in its capacity as the lead authority of the joint committee known as the Yorkshire Purchasing Organisation ("YPO"), and is disappointed with its Provisional Findings and related Notice of Possible Remedies. The Company will be working with YPO to understand the rationale behind the Provisional Findings and further engage with the CMA as appropriate ahead of its Final Report.

 

 

Enquiries

 

Studio Retail Group plc

Phil Maudsley, Group CEO

Paul Kendrick MD Studio Retail Ltd and CEO Designate

Stuart Caldwell, Group CFO

0161 303 3465

 

Tulchan Communications

Will Smith

020 7353 4200

 

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24th May 20105:23 pmRNSHolding(s) in Company
20th May 20105:01 pmRNSNotification of major interests in shares
14th May 20104:40 pmRNSSecond Price Monitoring Extn
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27th Apr 20105:38 pmRNSHolding(s) in Company
23rd Apr 20107:00 amRNSTrading Update
6th Apr 20107:00 amRNSDirectorate Change
29th Mar 20107:00 amRNSRe Education Division
11th Mar 201012:25 pmRNSDirector/PDMR Shareholding
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15th Feb 20109:31 amRNSDirectors' Interests
29th Jan 201012:06 pmRNSDirector/PDMR Shareholding
28th Jan 20107:00 amRNSInterim Management Statement
26th Jan 201010:06 amRNSHolding(s) in Company
20th Jan 20107:00 amRNSNotice of Interim Management Statement
11th Jan 20104:22 pmRNSDirector/PDMR Shareholding
11th Jan 20104:20 pmRNSDirector/PDMR Shareholding
11th Jan 20104:19 pmRNSDirector/PDMR Shareholding
9th Dec 20097:00 amRNSAppointment of Joint Broker
7th Dec 20094:35 pmRNSPrice Monitoring Extension
3rd Dec 20097:00 amRNSInterim Results
30th Nov 20097:00 amRNSDirectorate Change
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