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MNZS Menzies(john) Plc

607.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Menzies(john) Plc LSE:MNZS London Ordinary Share GB0005790059 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 607.00 607.00 608.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Menzies(John) PLC Re: Acquisition of ASIG by John Menzies plc (9244R)

15/12/2016 7:08am

UK Regulatory


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RNS Number : 9244R

Menzies(John) PLC

15 December 2016

15 December 2016

John Menzies plc

("John Menzies" or the "Group")

Re: Acquisition of ASIG by John Menzies plc

The Board of John Menzies plc (Menzies) acknowledges today's announcement by the Competition and Markets Authority (CMA) in relation to the acquisition of ASIG from BBA Aviation plc.

We are pleased that this announcement allows us to continue to progress towards completion which will occur on satisfaction of all the remaining conditions precedent.

With regards to operations at Aberdeen Airport, Menzies will now consider their position and respond to the CMA accordingly.

Forsyth Black, Managing Director of Menzies Aviation said:

"I am delighted to acknowledge the CMA's announcement. Our team are ready to take control of the overall business and we are excited by the opportunities that exist. We will work with BBA Aviation plc and the CMA as we look to work through the issues raised in regards to Aberdeen Airport."

For further information:

 
 John Menzies plc 
  Giles Wilson, Chief Financial 
  Officer 
  John Geddes, Corporate Affairs 
  Director                          +44 131 459 8018 
 FTI Consulting 
  Jonathon Brill/ Alex Beagley 
  / George Parker                   +44 203 727 1000 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

STRTABRTMBMBMIF

(END) Dow Jones Newswires

December 15, 2016 02:08 ET (07:08 GMT)

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