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REG - Celtic PLC - Trading Update

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RNS Number : 4408Z  Celtic PLC  06 August 2024

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(TH) August 2024

Celtic plc

("Celtic" or the "Club")

Trading update for the year ended 30 June 2024

 

Celtic has enjoyed a strong on pitch performance in the 2023/24 football
season having won the domestic double. In addition, it has enjoyed a
successful year in generating gains from player trading. As a result of such
gains and a strong end to the season from a footballing perspective, Celtic
now expects earnings for the year ended 30 June 2024 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 underway 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 earnings by publishing its results
for the year ended 30 June 2024, in line with its usual timetable in
mid-September 2024.

 

 

     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

 

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