Stock information – GB0006215205
ORD GBP0.05 (0621520)
National Express Group PLC, has announced that it will change its name to “Mobico Group PLC”, effective from 20th June 2023.
The Board of Directors believes that the Mobico name better reflects the Group`s international nature and its diverse range of mobility services, as it continues to lead the modal shift to mass transit. The Group`s operating subsidiaries will retain their well-known customer-facing brands and National Express will still be used in connection with the Group`s UK national coach network and certain other businesses. All significant brand names used across the Group`s global operations including Alsa, WeDriveU, Peterman and Durham School Services will also be retained. The new corporate name will not involve any operational or structural changes to the Group or any of its subsidiaries and will be implemented in a cost effective way.
The Company has confirmed that the name change has taken effect on 20 June 2023. The Company`s stock market TIDM will become “MCG” on 21 June 2023.
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capital at risk