Servelec Group Awarded National Grid Gas Framework
September 21 2016 - 2:36AM
Dow Jones News
LONDON--U.K.-based technology and software group Servelec Group
PLC (SERV.LN) said Wednesday it has been awarded a place on the
National Grid framework agreement.
Servelec said it will supply critical systems on a
project-by-project basis for at least the next five years, with an
optional two-year extension.
Shares at 0705 GMT up 9 pence, or 3.4%, at 290 pence, valuing
the company at GBP201.3 million.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
(END) Dow Jones Newswires
September 21, 2016 03:21 ET (07:21 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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