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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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