1st Apr 2011 12:31
HAYS PLC
1 April 2011 DECISION OF COMPETITION APPEAL TRIBUNAL
Hays plc notes that the Competition Appeal Tribunal ('CAT') has today announced its judgement in respect of Hays' appeal against the level of the fine imposed by the Office of Fair Trading ('OFT') in September 2009. The CAT has reduced the fine from £30.36 million to £5.88 million. This decision represents the outcome of previously reported proceedings which began in June 2006. The full amount of the fine has already been provided in our 2010 accounts.
The Hays Board is committed to the highest standards of compliance throughoutthe business.EnquiriesMaitlandBrian Hudspith + 44 (0) 207379 5151Liz Morley
vendorRelated Shares:
Hays