TIDMMRW

RNS Number : 5952G

Morrison(Wm.)Supermarkets PLC

18 March 2020

News Release

Release date: 18 March 2020

Business rates policy change

We note the UK Government's announcement yesterday "giving all retail, hospitality and leisure businesses in England a 100% business rates holiday for the next 12 months". We are currently awaiting further details regarding the implementation of this policy and are assessing its potential impact. Morrisons paid business rates in the UK of GBP308m for our 2019/20 financial year, of which c.GBP290m related to stores.

Enquiries:

Wm Morrison Supermarkets PLC

Enquiries:

Wm Morrison Supermarkets PLC

 
 Michael Gleeson - Group Financial Officer        0845 611 5000 
 Andrew Kasoulis - Investor Relations Director    0778 534 3515 
 

Media Relations

 
 Wm Morrison Supermarkets 
  PLC:                       Julian Bailey    0796 906 1092 
 Citigate Dewe Rogerson:     Simon Rigby      020 3926 8522 
  Nick Hayns                                  020 3926 8503 
 
   -     ENDS - 

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END

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March 18, 2020 04:38 ET (08:38 GMT)

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