Serco Group PLC Statement re Barts Health NHS Trust tender (5712K)
September 22 2016 - 5:03AM
UK Regulatory
TIDMSRP
RNS Number : 5712K
Serco Group PLC
22 September 2016
Barts Health NHS Trust tender
22 September 2016
Serco Group plc ('Serco' or 'the Group'), the international
service company, notes third-party comments and enquiries regarding
the bid process for the Barts Health NHS Trust Soft Facilities
Management Services tender. Serco confirms that it has received
notification that it has been appointed Preferred Bidder. The
Trust's procurement has an estimated total value of up to GBP600m
over a potential 10-year term. There is currently a mandatory
standstill period following the appointment decision. Following
expiry of the standstill period, Serco will work closely with the
Trust to finalise the terms of the contract in readiness for
signature.
A further announcement will be made at the appropriate time.
This announcement contains inside information.
Ends
For further information please contact Serco:
Stuart Ford, Head of Investor Relations: T +44 (0) 1256 386
227
Marcus De Ville, Head of Media Relations: T +44 (0) 1256 386
226
About Serco
Serco is a leading provider of public services. Our customers
are governments or others operating in the public sector. We gain
scale, expertise and diversification by operating internationally
across five sectors and four geographies: Defence, Justice &
Immigration, Transport, Health and Citizen Services, delivered in
UK & Europe, North America, Asia Pacific and the Middle
East.
More information can be found at www.serco.com
Forward looking statements
This announcement contains statements which are, or may be
deemed to be, "forward looking statements" which are prospective in
nature. All statements other than statements of historical fact are
forward looking statements. Generally, words such as "expect",
"anticipate", "may", "should", "will" and similar expressions
identify forward looking statements. By their nature, these forward
looking statements are subject to a number of known and unknown
risks, uncertainties and contingencies, and actual results and
events could differ materially from those currently being
anticipated as reflected in such statements. Factors which may
cause future outcomes to differ from those foreseen or implied in
forward looking statements include, but are not limited to: general
economic conditions and business conditions in Serco's markets;
contracts awarded to Serco; customers' acceptance of Serco's
products and services; operational problems; the actions of
competitors, trading partners, creditors, rating agencies and
others; the success or otherwise of partnering; changes in laws and
governmental regulations; regulatory or legal actions, including
the types of enforcement action pursued and the nature of remedies
sought or imposed; the receipt of relevant third party and/or
regulatory approvals; exchange rate fluctuations; the development
and use of new technology; changes in public expectations and other
changes to business conditions; wars and acts of terrorism; and
cyber-attacks. Many of these factors are beyond Serco's control or
influence. These forward looking statements speak only as of the
date of this announcement. Past performance should not be taken as
an indication or guarantee of future results and no representation
or warranty, express or implied, is made regarding future
performance. Except as required by any applicable law or
regulation, Serco expressly disclaims any obligation or undertaking
to release publicly any updates or revisions to any forward looking
statements contained in this announcement to reflect any change in
Serco's expectations or any change in events, conditions or
circumstances on which any such statement is based after the date
of this announcement, or to keep current any other information
contained in this announcement. Accordingly, undue reliance should
not be placed on the forward looking statements.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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