Rotala PLC Fire at Heathrow Depot
February 19 2021 - 2:00AM
RNS Non-Regulatory
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.
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END
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