Celadon Group Announces New York Stock Exchange Listing Extension

INDIANAPOLIS, Oct. 30, 2017 /PRNewswire/ -- Celadon Group, Inc. ("Celadon" or the "Company") (NYSE: CGI) today announced that it has received an extension for continued listing and trading of Celadon's common stock on the New York Stock Exchange (the "NYSE"). 

The extension, which is subject to review by the NYSE on an ongoing basis, provides Celadon until May 2, 2018 to file with the Securities and Exchange Commission (the "SEC") Celadon's Forms 10-K for the fiscal years ended June 30, 2016 and June 30, 2017 and Celadon's Forms 10-Q for the three months ended September 30, 2016, December 31, 2016, and March 31, 2017.  During the extension period, Celadon's shares will continue to trade on the NYSE.  The Company continues to work diligently to become current with its SEC filings as required under applicable securities laws.

About Celadon

Celadon Group, Inc. (www.celadongroup.com), through its subsidiaries, provides long haul, regional, local, dedicated, intermodal, temperature-protect, and expedited freight service across the United States, Canada, and Mexico. The Company also owns Celadon Logistics Services, which provides freight brokerage services, freight management, as well as supply chain management solutions, including logistics, warehousing, and distribution.

This press release contains certain statements that may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended. Such statements may be identified by their use of terms or phrases, including "expects," "expected," "will," "would be," "intends," "believes," and similar terms and phrases. Forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.  In this press release, statements relating to the continued trading of the Company's stock during the extension period, among others, are forward-looking statements.   Actual results may differ from those set forth in the forward-looking statements.  Readers should review and consider factors that could impact results as provided in various disclosures by the Company in its press releases, stockholder reports, and filings with the SEC.

For more information:                                                                         
Joe Weigel                                                                                                                   
Director of Marketing & Communications                                   
(317) 972-7006 Direct 
[email protected]

SOURCE Celadon Group, Inc.