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TRN — Trainline News Story

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UK's Trainline tracks worst day in over 5 years on CMA probe into pricing

BUZZ-UK's Trainline tracks worst day in over 5 years on CMA probe into pricing

Updates

** Shares of rail ticketing company Trainline TRNT.L down 17% at 201.7p

** Stock on track for worst day since May 2021

** British competition regulator launches probe into how TRNT, airline Virgin Atlantic and RED Driving School show their total pricing when customers book tickets or driving lessons, in a bid to ease rising costs of living

** TRNT says it has proactively engaged with CMA over several months and will continue to work with the regulator to ensure transparency

** Shares down 8% YTD


(Reporting by Megha Anilkumar Nair in Bengaluru)

((MeghaAnilkumar.Nair@thomsonreuters.com;))

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