Statement re: Robert Tchenguiz statement
(WorldNews Africa)

FIRSTGROUP PLC STATEMENT RE: ROBERT TCHENGUIZ STATEMENT FirstGroup plc (`FirstGroup` or `the Group`) notes the statement issued today by Robert Tchenguiz regarding the Group`s half-yearly results announcement of 14 November 2019. The Board has been clear, including in the recent half-yearly results announcement, that it is intent on realising value for all shareholders and is focused on actively managing the entire portfolio by all appropriate means. The Board believes there is significant value to be unlocked across the Group`s portfolio of leading public transportation businesses, and there are limited synergies between the divisions, particularly between the UK and North America....