26 Mar 2021 07:00
RNS
26 March 2021
Rotala Plc
("Rotala", the "Company" or the "Group")
Greater Manchester Bus Reform Decision
The Company notes that on 25 March 2021 the Mayor of Greater Manchester made the formal decision to press ahead with franchising the bus market in the Greater Manchester region. Prior to this decision, the Company had already made a court application to subject to judicial review both the consultations conducted by the Greater Manchester Combined Authority and the process by which the consultations were carried out.
Given the ongoing legal proceedings, which it is now confirmed are to be heard by the Court in late May 2021, it is not appropriate for the Company to comment further on the decision taken by the Mayor to proceed with his franchising scheme.
Rotala Plc | 0121 322 2222 |
John Gunn, ChairmanSimon Dunn, Chief ExecutiveKim Taylor, Group Finance Director |
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Shore Capital |
020 7408 4090 |
Tom Griffiths / James Thomas / Michael McGloin (Corporate Advisory)Henry Willcocks (Corporate Broking) |
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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. Rotala 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, Hallmark Connections Ltd and Preston Bus Ltd.
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