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WLW Woolworths

1.22
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Woolworths LSE:WLW London Ordinary Share GB0030738610 ORD 12.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.22 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Response to FSA Notice

12/06/2008 10:05am

UK Regulatory


    RNS Number : 5419W
  Woolworths Group PLC
  12 June 2008
   



    Woolworths Group plc ("the Company"), notes the announcement from the Financial Services Authority ("FSA") that it has imposed a penalty
on the Company for contravention of disclosure rules in December 2005. 

    Woolworths accepts the judgment and has decided not to appeal the decision through the Financial Services and Markets Tribunal. This
decision was taken in view of the significant costs, both in financial terms and in management time, involved in an appeal.

    The Company is pleased to note the FSA's finding that the breach was not deliberate.

    Woolworths will take the £350,000 fine as an exceptional charge in this financial year.


    For further information please contact :
 Susanna Voyle, Tulchan Communications  020 7353 4200

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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