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date 24 June 2002 source Railtrack plc type Press release
Railtrack Group would like to clarify its position regarding the resumption of trading in its shares on the UK Stock Exchange.
Despite speculation in the media, trading in Railtrack Group shares will not start on Monday 24 June.
Certain issues are still outstanding, some of which could have prevented cash being returned to shareholders within an acceptable timescale. This has caused the Board to delay signing the contracts for the sale of Railtrack PLC and the Group's interests in the Channel Tunnel Rail Link. All parties are confident that these issues can be satisfactorily concluded shortly.
Trading in Railtrack Group shares will only resume once the contracts for the sales of Railtrack PLC and the Group's interests in the Channel Tunnel Rail Link are agreed and announced.
For more information please contact: Sue Clark Railtrack 020 7544 8436/ 07850 285471
Railnews Archive ::: 2002-06-24 RTK-001
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