Ultra Electronics Holdings PLC SFO Enquiry (4306L)
19 April 2018 - 4:04PM
UK Regulatory
TIDMULE
RNS Number : 4306L
Ultra Electronics Holdings PLC
19 April 2018
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF EU REGULATION 596/2014
19 April 2018
Ultra Electronics Holdings plc
("Ultra", the "Company" or the "Group")
SFO Investigation
The UK Serious Fraud Office (the "SFO") has informed Ultra that
it has opened a criminal investigation into suspected corruption in
the conduct of business in Algeria by Ultra, its subsidiaries,
employees and associated persons. This follows a voluntary
self-report by Ultra to the SFO. Ultra continues to co-operate with
the SFO.
Given the stage of these matters, it is not possible to estimate
reliably what effect the outcome of this matter may have on the
Group. The Company will provide a further update as and when
appropriate.
The person responsible for arranging the release of this
announcement on behalf of the company is Amitabh Sharma, Group
Finance Director.
Ultra Electronics Holdings plc +44(0) 7836 522 722
Susan Ellis
MHP Communications +44 (0) 20 3128 8756
James White
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
April 19, 2018 02:04 ET (06:04 GMT)
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