SGC Stagecoach Group Plc

 
TIDMSGC 
 
   15 February 2017 
 
 
 
   Twin America joint venture 
 
 
 
   Stagecoach Group plc ("Stagecoach") confirms that it has sold its 
interest in the Twin America LLC joint venture for an undisclosed sum. 
 
 
 
   Twin America was a joint venture between Stagecoach North America and 
City Sights, which began operating on 31 March 2009. It principally 
operates sightseeing bus services in New York City. 
 
 
 
   Stagecoach North America, which held 50 per cent of the voting rights 
and 60 per cent of the economic rights of the joint venture, has sold 
its interest to its joint venture partner City Sights. 
 
 
 
   Completion of the transaction is not subject to any regulatory approval. 
 
 
 
 
   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 Corporate Communications 07764 7746800 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Stagecoach Group PLC via Globenewswire 
 
 
  http://www.stagecoachgroup.com 
 

(END) Dow Jones Newswires

February 15, 2017 02:00 ET (07:00 GMT)

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