Mountfield Group plc Award of Contract for £1.2m to MBG (7157J)
April 04 2018 - 2:00AM
UK Regulatory
TIDMMOGP
RNS Number : 7157J
Mountfield Group plc
04 April 2018
4 April 2018
Mountfield Group Plc
And its subsidiary Mountfield Building Group Limited ("MBG" and
"the Company")
Award of contract for GBP1.2m to MBG
The Directors of Mountfield Group Plc are delighted to announce
that its subsidiary MBG has been awarded a new GBP1.2m contract by
its long-standing Telecom client at one of its London sites. This
is the second project of this type to be won via a competitive bid
process with the client this year. The works involve an upgrade to
the site's operational infrastructure along with mechanical and
electrical upgrades and improvements.
The works are due to commence immediately and will scheduled for
completion in this current financial year.
This contract is in addition to MBG's already secured work for
2018 that was valued at GBP2.3m in the recent trading statement
issued by the Directors on 27 March 2018.
Graham Read, MBG's Managing Director said:
"We are very happy to have secured this project with one of our
key clients. It is the second job to be secured from them since
January and joins the other two projects of this nature won last
year. I am pleased to say that those other three contracts have all
been successfully delivered on time and on budget. This contract
award was a perfect way to end Q1 and cement our strong start to
2018."
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
Andy Collins, Chief
Executive Officer
Cairn Financial Advisers
LLP 020 7213 0880
Jo Turner / Tony Rawlinson
This information is provided by RNS
The company news service from the London Stock Exchange
END
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