Stagecoach Group PLC Rail Franchise Schedule (4692S)
July 08 2015 - 1:00AM
UK Regulatory
TIDMSGC
RNS Number : 4692S
Stagecoach Group PLC
08 July 2015
Stagecoach Group plc
8 July 2015
Department for Transport rail franchise schedule
Stagecoach Group ("Stagecoach") notes the revised rail franchise
schedule published by the UK Department for Transport.
The new schedule envisages:
-- East Midlands Trains: the core period of a direct award to
run to March 2018, rather than October 2017 as previously
planned.
-- South West Trains: an extension option called to June 2017.
The current franchise is due to end in February 2017.
-- Virgin Trains West Coast: the franchise running until
September 2017. The franchise was previously planned to run until
at least 31 March 2017.
ENDS
For further information, please contact:
Stagecoach Group plc www.stagecoachgroup.com
Investors and analysts
Ross Paterson, Finance Director 01738 442111
Bruce Dingwall, Group Financial Controller 01738 442111
Media
Steven Stewart, Director of Communications 01738 442111 or 07764
774680
John Kiely, Smithfield Consultants 020 7360 4900
Notes to Editors
Stagecoach Group
-- Stagecoach Group is an international public transport group,
with extensive operations in the UK, mainland Europe, the United
States and Canada. The Group employs around 39,000 people, and
operates around 13,000 buses, coaches, trains and trams.
-- Stagecoach is one of the UK's biggest bus and coach operators
with around 8,500 buses and coaches on a network stretching from
south-west England to the Highlands and Islands of Scotland.
Low-cost coach service, megabus.com, operates a network of
inter-city services across the UK and mainland Europe.
-- Stagecoach is a major UK rail operator, running the South
West Trains, Island Line and East Midlands Trains networks. It has
a 49% shareholding in Virgin Rail Group, which operates the West
Coast rail franchise. It also has a 90% shareholding in Virgin
Trains East Coast, which operates the East Coast rail
franchise.
-- Stagecoach operates the Supertram light rail network in Sheffield.
-- In North America, Stagecoach operates around 2,400 buses and
coaches in the United States and Canada. megabus.com links around
130 key locations in North America. Stagecoach is also involved in
operating commuter, transit, contracted, charter, airport shuttle
and sightseeing services.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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