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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mayflower | LSE:MFW | London | Ordinary Share | GB0008002221 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 6.75 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:1433X
Henlys Group PLC
31 March 2004
Date: 31 March 2004
Contact: Allan Welsh- Chief Executive
Bill Gillespie- Finance Director
Henlys Group plc
Telephone: 020 89539953
HENLYS GROUP plc
The board of Henlys Group plc ("Henlys") notes the announcement by The Mayflower
Corporation plc ("Mayflower") issued yesterday. The directors of Henlys would
like to highlight that Henlys is a 30% joint venture shareholder in Mayflower's
subsidiary, TransBus. Whilst TransBus has given a guarantee and security to
Mayflower's lenders in relation to Mayflower's debt, there is no recourse to
Henlys in relation to TransBus or Mayflower debt. Furthermore, Henlys'
investment in TransBus is not part of the security given by Henlys to its
lenders under its current borrowing facilities.
The directors of Henlys will continue to monitor the situation and a further
announcement will be made as and when more detailed information is received
concerning Mayflower.
End
This information is provided by RNS
The company news service from the London Stock Exchange
END
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