Vp PLC Statement re. CMA provisional findings (5842V)
April 09 2019 - 1:20AM
UK Regulatory
TIDMVP.
RNS Number : 5842V
Vp PLC
09 April 2019
Press Release 9 April 2019
Vp plc
('Vp' or the 'Group')
Statement re. CMA provisional findings
Vp plc, the equipment rental specialist, notes that the
Competition and Markets Authority ('CMA') has today announced its
provisional findings in relation to an investigation into the
supply of groundwork products for hire in the UK.
The subject of the provisional findings is suspected
anti-competitive conduct as regards the supply of groundworks
products in the UK. This is an area of activity for part of the
Group's excavation support systems business ('Groundforce'). No
other Vp businesses are included in this investigation.
Vp is reviewing these provisional findings and will continue to
cooperate fully with the CMA. The Group will make further
announcements as appropriate.
- Ends -
Media enquiries:
Buchanan
Henry Harrison-Topham / Jamie Hooper / Tel: +44 (0) 20 7466
Madeleine Seacombe 5000
Vp@buchanan.uk.com www.buchanan.uk.com
Notes to Editors
Vp plc is a specialist rental business providing products and
services to a diverse range of markets including infrastructure,
construction, house building and oil and gas, both in the UK and
overseas.
The Group comprises a UK and an International division:
UK
UK Forks
Rough terrain material handling equipment for the housebuilding,
general construction and industrial markets.
Groundforce
Excavation support systems and specialist products for the
water, civil engineering and construction industries primarily in
the UK, but also in the Republic of Ireland and mainland
Europe.
TPA
Portable roadway access solutions to the transmission, outdoor
events, construction and utility sectors in the UK, the Republic of
Ireland and mainland Europe.
Brandon Hire Station
Tools and specialist products for industry, construction and
home owners.
ESS Safeforce
Specialist safety, survey, communications and test &
measurement.
MEP Hire
Mechanical, electrical and low-level access.
Torrent Trackside
Infrastructure equipment and services for the railway renewals
and maintenance industry.
International
Airpac Bukom Oilfield Services
Equipment and service providers to the international oil and gas
exploration and development markets.
TR Group
Specialist rental of test & measurement, communications and
audio visual equipment in Australia, New Zealand and Malaysia.
Further information is available at www.vpplc.com/investors
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
STRLIFLRSFIAIIA
(END) Dow Jones Newswires
April 09, 2019 02:20 ET (06:20 GMT)
Vp (LSE:VP.)
Historical Stock Chart
From Apr 2024 to May 2024
Vp (LSE:VP.)
Historical Stock Chart
From May 2023 to May 2024