12th Sep 2017 07:00
AA plc
("AA" or the "Company")
12 September 2017
AA plc
Press Speculation
The AA notes yesterday's press speculation on a potential transaction with Hastings involving its insurance business.
The AA regularly reviews all strategic options, including whether a spin-off of any of its business lines would unlock further value and be in its shareholders' interests. We confirm that we did have preliminary discussions with Hastings in early Summer to explore a possible combination of the AA's insurance business with Hastings.
Enquiries
Investors | |
Jill Sherratt, Head of Investor Relations, AA plc | +44 20 7395 7301 |
Media (Headland) | |
Howard Lee, Francesca Tuckett | +44 20 3805 4822 |
Related Shares:
AA..L