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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 |
TIDMMNZS
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
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(END) Dow Jones Newswires
December 15, 2016 02:08 ET (07:08 GMT)
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