Diamond Bus North West

[Jack]

RE: South Lancs Travel
Posted by Tony Hunter on the yahoo groups.

(01/03/2015 15:04)Tony Hunter Wrote:  On Saturday 28th February 2015, at 2359 hrs Rotala Plc completed the acquisition of the entire share capital of Green Triangle Buses Ltd.

Upon acquisition the current Directors will resign; Simon Dunn, Kim Taylor, Bob Dunn and Antony Goozee will be appointed Directors of the new acquisition. The legal entity name will be changed to Diamond Bus (North West Ltd) and over the medium term the intention is to rebrand the business.

The new acquisition will form part of the Rotala Plc North West Division. Consequently it will be supported by the Preston Bus business and Bob Dunn will become the Managing Director.

Rotala Plc sees this opportunity as an entrance route into the Greater Manchester market, and it leaves the group well positioned for future market developments and potential opportunities.

Although the acquisition does not represent a material transaction to Rotala, it will be notified to the London Stock Exchange before the market opens on Monday.