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On 07 April 2022, McColl's Retail Group plc noted a recent rise in its share price and confirmed it does not know of any reason for this movement. The Group stated it remains in ongoing dialogue with its lenders regarding the balance of its existing facility, adding there is no certainty as to the successful outcome of these discussions.
| Date | 7 Apr 2022 |
| Time | 13:43:49 |
| Category | Corporate updates |
| ID | 6848H |
7 April 2022
McColl's Retail Group plc
("McColl's" or the "Group")
Statement re share price movement
McColls's notes the recent rise in the Company's share price and confirms that it does not know of any reason for this price movement.
As previously announced, the Group remains in ongoing dialogue with its lenders with a view to achieving a longer-term agreement in relation to the balance of its existing facility, however, there is no certainty as to the successful outcome of these discussions.
A further update will be made as and when these discussions conclude.
Enquiries
For further information please contact:
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Analysts and Investors: |
Tej Randhawa, McColl's |
+44 (0)1277 372916
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Media: |
Ed Young, Headland |
+44 (0)203 805 4822 |
About McColl's Retail Group
McColl's is a leading neighbourhood retailer, with an estate of over 1,100 managed convenience stores and newsagents. We operate McColl's and Morrisons Daily branded convenience stores as well as newsagents branded Martin's across the UK, except in Scotland where we operate under our heritage brand, RS McColl.