StockMarketWire.com - Go-Ahead said the Department for Transport that competition for the next Southeastern franchise had been terminated, with the current Southeastern franchise given an extension until April 2020 rather than the previous end date of 10 November 2019.

'A lot of hard work was put into a strong bid that would have built upon the achievements of Southeastern in recent years in improving performance and customer satisfaction, delivering more capacity and investment,' said Go-Ahead Chief Executive David Brown.

'Whilst we're disappointed that our original bid is not being taken forward, we will engage with the DfT on next steps.'

At 8:02am: [LON:GOG] GoAhead Group The PLC share price was +12p at 2066p



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