GO plc - Update on Forthnet

On 28 September, GO plc issued another announcement following the one published on 28 August which had an indicated that the Board of Directors were scheduled to meet by the end of September to decide whether to participate or not in Forthnet’s capital raising exercise.

In the latest announcement, the Directors of GO explained that Forthnet has not yet published the prospectus explaining the details of the proposed €30 million rights issue. Consequently, GO’s Directors will be postponing their decision until such time when Forthnet issues the relevant prospectus.