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MCG Mobico News Story

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UK's Mobico rallies after update on German rail contract talks

** Shares of Mobico Group MCG.L up 13.4% at 23.8p

** Co responds to media speculation, saying unit in advanced talks with five public transport authorities in Germany to realign rail contract terms in North Rhine-Westphalia and adjacent regions

** Says the proposed realignment would adjust existing rail service contracts to support a more sustainable business

** In 2025, stock has fallen about 71%

 (Reporting by Judes Joseph in Bengaluru)

 ((judes.joseph@thomsonreuters.com;))

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