19th Apr 2018 07:04
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014
19 April 2018
Ultra Electronics Holdings plc
("Ultra", the "Company" or the "Group")
SFO Investigation
The UK Serious Fraud Office (the "SFO") has informed Ultra that it has opened a criminal investigation into suspected corruption in the conduct of business in Algeria by Ultra, its subsidiaries, employees and associated persons. This follows a voluntary self-report by Ultra to the SFO. Ultra continues to co-operate with the SFO.
Given the stage of these matters, it is not possible to estimate reliably what effect the outcome of this matter may have on the Group. The Company will provide a further update as and when appropriate.
The person responsible for arranging the release of this announcement on behalf of the company is Amitabh Sharma, Group Finance Director.
Ultra Electronics Holdings plc | +44(0) 7836 522 722 |
Susan Ellis | |
| |
MHP Communications | +44 (0) 20 3128 8756 |
James White |
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