Go-Ahead Group PLC Statement re. Suspension (3213X)
04 January 2022 - 6:31PM
UK Regulatory
TIDMGOG
RNS Number : 3213X
Go-Ahead Group PLC
04 January 2022
The Go-Ahead Group plc
("Go-Ahead" the "Group" or the "Company")
Request for temporary suspension of listing of Ordinary Shares
and Bond pending finalisation of results for the year ended 3 July
2021
As announced on 9 December 2021, the Company and its auditors,
Deloitte, concluded that the additional time that they needed to
finalise the Company's audited financial statements for the year
ended 3 July 2021 ("FY21 Results") meant that it would not be
possible for the Company to publish the FY21 Results by 3 January
2022.
As 3 January 2022 is the last date permitted for publication of
the FY21 Results under the Financial Conduct Authority's (the
"FCA") Disclosure Guidance and Transparency Rules (as modified by
the temporary relief granted to all listed companies by the FCA on
26 March 2020) and the FCA's Listing Rules, following consultation
with the FCA, the Company has requested that the listing of the
Company's ordinary shares of 10 pence each (the "Ordinary Shares")
and the Company's 2.50% Guaranteed Bond due 2024 (the "Bond") be
temporarily suspended with effect from 7.30 a.m. on 4 January
2022.
The Company intends to request a restoration of the listing of
its Ordinary Shares and its Bond on publication of the FY21
Results. The Group continues to work closely with Deloitte to
ensure that the FY21 Results are published as soon as possible.
This is expected to be before the end of January 2022.
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END
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