Update on Competition and Markets Authority (“CMA”) Investigation  .

Friday June 24, 2022

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McGee acknowledges historic Competition Act infringements as announced by the CMA. These infringements took place under the previous ownership and leadership structure.  

Throughout the period of the investigation, McGee has co-operated fully with the CMA. Having reached a final settlement position, McGee has certainty over the quantum of its fine and has made full provision in its previous audited financial statements. Accordingly, there will be no further financial impact on McGee arising from the investigation. 

Media Contacts: 

Ginny Pulbrook/Tom Huddart 

Camarco 

0203 757 4991/2