TIDMROL

RNS Number : 7012K

Rotala PLC

09 May 2022

RNS

9 May 2022

Rotala Plc

("Rotala", the "Company" or the "Group")

Leave to appeal granted

On 26 March 2021, the Company announced that the Mayor of Greater Manchester had made the formal decision to franchise the bus market in the Greater Manchester region. The Company made an immediate claim to the High Court of Manchester to judicially review a number of aspects of the consultation process carried out by the Greater Manchester Combined Authority ('GMCA') which led to the decision of the Mayor to franchise the bus network.

As previously announced, on 9 March 2022, Mr Justice Julian Knowles rejected these arguments, dismissed the claim and refused to give leave to appeal. The Company applied to seek permission to appeal the decision to the Court of Appeal which has now granted leave to appeal on certain aspects of the case. The appeal hearing is expected to take place before August 2022.

A further announcement will be made in due course.

 
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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(END) Dow Jones Newswires

May 09, 2022 13:10 ET (17:10 GMT)

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