Mountfield Group plc New Contract Wins (7776S)
November 12 2013 - 1:46AM
UK Regulatory
TIDMMOGP
RNS Number : 7776S
Mountfield Group plc
12 November 2013
Mountfield Group Plc
("Mountfield" or the "Company")
New Contract Wins
The Directors of Mountfield are pleased to announce that its
subsidiary, Connaught Access Flooring Limited ("Connaught"), has
been awarded two new contracts with a combined value of
approximately GBP2.36m.
Connaught has won the contract for the installation of the
flooring in a new, iconic City office building that is currently
under construction. The contract works (which have a value of
GBP1.85m), are scheduled to begin this month and to be completed by
June 2014 with the greater part due to be undertaken by the end of
2013.
In addition Connaught has been awarded a contract with a value
of GBP515,000 for the flooring works package in the refurbishment
of an office building in the West End of London. Work under the
contract will begin this month and is due to be completed during
the first quarter of 2015.
Together these two contracts further support the Directors'
confidence in Mountfield meeting market projections in 2014 and
continuing to grow in 2015.
Graham Read, the Group Chief Executive, commented: "Connaught
has had an excellent year and the team led by its Executive
Director, Andy Collins, have worked hard to ensure that as activity
has returned to the raised access flooring market the Company has
secured significant contracts in high profile commercial
projects."
Contacts:
Mountfield Group Plc
Graham Read, Chief Executive Officer 01268 561 516
WH Ireland Limited (Nominated adviser)
Chris Fielding, Head of Corporate Finance 020 7220 1650
James Bavister, Corporate Finance Executive
This information is provided by RNS
The company news service from the London Stock Exchange
END
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