Rotala PLC Greater Manchester Bus Reform Decision (5652T)
March 26 2021 - 3:00AM
UK Regulatory
TIDMROL
RNS Number : 5652T
Rotala PLC
26 March 2021
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, Chairman
Simon Dunn, Chief Executive
Kim Taylor, Group Finance Director
Shore Capital 020 7408 4090
Tom Griffiths / James Thomas / Michael McGloin (Corporate Advisory)
Henry Willcocks (Corporate Broking)
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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