REG-FirstGroup PLC: Statement re Pre-Close Trading Updates <Origin Href="QuoteRef">FGP.L</Origin>

FirstgroupAnnouncement

07/04/2016 07:05

FIRSTGROUP PLC                                 
                    STATEMENT RE PRE-CLOSE TRADING UPDATES                     

In light of changes in regulatory requirements and market practice, the Board
of FirstGroup plc (the 'Group'), has decided to discontinue publishing trading
updates around the end of its March and September trading periods. Following
discussions with a number of our shareholders and other stakeholders, the Group
intends to continue publishing updates on trading after the end of the first
and third quarters each financial year, in addition to its full year and
half-yearly results. As a result, the number of trading announcements scheduled
by the Group will decrease from six to four from our 2016/17 year onwards.

The Board confirms that overall results for the Group in the fourth quarter
have been in line with management's expectations and there have been no
significant developments since the release of our third quarter 2015/16 trading
update (announced 28 January 2016).

The Group is scheduled to announce its full year results on 14 June 2016.

Contacts at FirstGroup:
Faisal Tabbah, Head of Investor Relations
Stuart Butchers, Group Head of Media
Tel: +44 (0) 20 7725 3354

Contacts at Brunswick PR:
Michael Harrison / Andrew Porter, Tel: +44 (0) 20 7404 5959

Notes
Certain statements included or incorporated by reference within this
announcement may constitute 'forward-looking statements' with respect to the
business, strategy and plans of the Group and our current goals, assumptions
and expectations relating to our future financial condition, performance and
results. By their nature, forward-looking statements involve known and unknown
risks, assumptions, uncertainties and other factors which may cause actual
results, performance or achievements of the Group to be materially different
from any future results, performance or achievements expressed or implied by
such forward-looking statements. Shareholders are cautioned not to place undue
reliance on the forward-looking statements. Except as required by the UK
Listing Rules and applicable law, the Group does not undertake any obligation
to update or change any forward-looking statements to reflect events occurring
after the date of this announcement. Nothing in this announcement should be
construed as a profit forecast. Past performance cannot be relied upon as a
guide to future performance and persons needing advice should consult an
independent financial adviser.

FirstGroup plc (LSE: FGP.L) is the leading transport operator in the UK and
North America. With approximately £6 billion in revenues and around 110,000
employees, we transported around 2.4 billion passengers last year. Each of our
five divisions is a leader in its field: In North America, First Student is the
largest provider of student transportation with a fleet of around 49,000 yellow
school buses, First Transit is one of the largest providers of outsourced
transit management and contracting services, while Greyhound is the only
nationwide operator of scheduled intercity coach services. In the UK,
FirstGroup is one of Britain's largest bus operators running a fleet of some
6,300 buses, and we are one of the country's most experienced passenger rail
operators, carrying around 280 million passengers last year.

Our vision is to provide solutions for an increasingly congested world...
keeping people moving and communities prospering.

Visit our website at www.firstgroupplc.com



END



Copyright © 2016 PR Newswire Association, LLC. All Rights Reserved