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West Coast Franchise

3 Oct 2012 08:18

RNS Number : 8023N
Stagecoach Group PLC
03 October 2012
 

 

Stagecoach Group plc

 

3 October 2012

 

InterCity West Coast franchise

 

Stagecoach Group plc ("Stagecoach") notes the announcement by the Department for Transport ("DfT") that the current competition for the InterCity West Coast Rail franchise has been cancelled.

 

Stagecoach also notes the DfT's plans to conduct independent reviews into both the specific InterCity West Coast competition and rail franchising more widely.

 

We will be in discussions with the DfT regarding these developments and will update the market as appropriate.

 

Ends

 

For further information, please contact:

Investors and analysts

Martin Griffiths, Finance Director

01738 442111

Ross Paterson, Director of Finance & Company Secretary 01738 442111

Media

Steven Stewart, Director of Corporate Communications 07764 774680

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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