Mountfield Group plc Awards of new contracts in excess of £7m (0698O)
25 January 2019 - 6:00PM
UK Regulatory
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RNS Number : 0698O
Mountfield Group plc
25 January 2019
25 January 2019
Mountfield Group plc ("Group")
and its subsidiaries Mountfield Building Group Limited ("MBG")
and Connaught Access Flooring Limited ("CAF")
Awards of new contracts in excess of GBP7m
The Directors of Group are pleased to announce that the Group
companies have between them been awarded three new contracts with
an aggregate value in excess of GBP7m, with the work on all to be
undertaken during 2019.
The first contract (which has been awarded to MBG by a European
bulk-liquid storage operator) is for the construction of its new
London headquarters building and is valued at GBP2.1m.
The second contract won by MBG has a value of GBP4.1m and is for
the construction work connected with the expansion of a data centre
in Essex for a global telecoms operator. The contract was won by
MBG by competitive tender and a deciding factor for the client when
making its decision was MBG's knowledge and experience in working
in live data centre environments.
The third contract was won by CAF for the flooring work on the
fourth and final stage of a European bank's development and
expansion of its London office. The work is valued at approximately
GBP1m.
Andy Collins, Group CEO said:
"We are very pleased to have started 2019 off with these
excellent contract wins.
MBG's progress has been rapid as is demonstrated by the winning
of the two contracts which play to MBG's strengths in the fields of
telecoms/data centres and that of specialist construction.
For CAF the winning of the contract for the final stage works of
this multi-stage contract has been extremely pleasing and has
confirmed the client's satisfaction with the quality and service
provided by CAF."
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
For further information, please contact:
Mountfield Group plc 01268 561 516
Peter Jay, Chairman 07500 558235
Cairn Financial Advisers LLP 020 7213 0880
Jo Turner / Tony Rawlinson
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END
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