Expiry of Agreement
05 April 2007 - 10:32AM
UK Regulatory
RNS Number:4817U
Alpha Airports Group PLC
05 April 2007
Alpha Airports Group Plc
("Alpha" or "the Group")
Expiry of Concession Agreement
Alpha today announces the expiry of a concession agreement with BAA in respect
of its "World News" confectionery, tobacco and news stores. The agreement, which
will end on 30th September 2007 and has annual sales of approximately
#27million, is for the World News outlets at Heathrow Terminal 3, Edinburgh and
Aberdeen.
It is anticipated that the expiry of this agreement will have no significant
impact on management's expectations of profit for either this financial year or
the next.
Alpha continues to have long term agreements for World News stores in many of
the UK's leading regional airports. World News remains an important part of the
Alpha Airport Services' portfolio. Alpha's current World News stores are located
in Belfast City, Belfast International, Birmingham, Cardiff, Durham Tees Valley,
Exeter, Inverness, Jersey, London City, Luton, East Midlands, and Robin Hood
airports.
5 April 2007
Enquires:
Alpha Airports Group Plc 020 8580 3200
Peter Williams, Chief Executive
Mark Adams, Finance Director
College Hill
Kate Pope 07798 843 276
This information is provided by RNS
The company news service from the London Stock Exchange
END
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