Rotala PLC Fire at Heathrow Depot

TIDMROL

Rotala PLC

19 February 2021

RNS Reach

19 February 2021

Rotala Plc

("Rotala", the "Company" or the "Group")

Fire at Heathrow Depot

Rotala plc (AIM:ROL), an operator of bus routes in the UK for businesses, local authorities and the general public, announces that earlier this week the Company's Heathrow depot at Stanwell, Middlesex suffered a fire in its administrative offices. No staff were injured and the fire is not thought to have been malicious.

The fire did not affect the vehicle maintenance areas or damage any of the Company's vehicles. As a result, normal bus operations are unaffected. Repair to the building and rectification of the considerable smoke and water damage is estimated at this stage to cost approximately GBP250,000, which is expected to be fully recoverable from insurance with more than one insurer. There are therefore not expected to be any long-term financial consequences for the Company.

 
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.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRADKCBNOBKKOBD

(END) Dow Jones Newswires

February 19, 2021 03:00 ET (08:00 GMT)