REG - Celtic PLC - Trading update for the year ended 30 June 2023

CelticAnnouncement

06/07/2023 16:00

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RNS Number : 2312F  Celtic PLC  06 July 2023

The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulations (EU) No.
596/2014 (as it forms part of United Kingdom domestic law by virtue of the
European Union (Withdrawal) Act 2018). Upon the publication of this
announcement, this inside information is now considered to be in the public
domain.

 

6 July 2023

Celtic plc

("Celtic" or the "Club")

Trading update for the year ended 30 June 2023

Celtic has enjoyed a strong on pitch performance in the 2022/23 football
season having won the domestic treble. In addition, it has enjoyed a
successful year in generating gains from player trading. As a result of such
gains, Celtic now expects earnings for the year ended 30 June 2023 will be
significantly higher than previous expectations, which were formed before the
conclusion of the season and prior to certain player disposals.

 

Player registration valuations and player trading can and often do materially
influence Celtic's financial performance in addition to trading revenue. The
Summer transfer window is now open and following the closure of the window and
the finalisation of the year end balance sheet review, the Club will then be
in a position to confirm the extent of its improved earnings by publishing its
results for the year ended 30 June 2023, in line with its usual timetable in
mid-September 2023.

 

 

     For further information contact:

 Celtic plc                                               Tel: 0141 551 4235

 Michael Nicholson

 Chris McKay
 Canaccord Genuity Limited, Nominated Adviser and Broker  Tel: 020 7523 8350

 Simon Bridges

 Thomas Diehl

 

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