G4S PLC G4s Plc Uk Dk : Statement Re Extension To Uk Asylum Accommodation Contract

 
TIDMGFS 
 
 
   8 December 2016 
 
   Extension to UK asylum accommodation contract 
 
   G4S, the leading global integrated security company, is pleased to note 
the Immigration Minister's Written Ministerial Statement on asylum 
seeker accommodation in the UK, laid before the House of Commons today. 
 
   G4S has continued to work closely and co-operatively with the Home 
Office to improve service delivery and efficiency and to support a 
sustainable contract extension. 
 
   Following the improvements made in service delivery and clarification of 
the extension arrangements, the company expects the loss making Compass 
contract to be delivered broadly in line with the onerous contract 
provision already established in the group balance sheet. 
 
   This announcement contains inside information and the person responsible 
for making this announcement is Peter David, Company Secretary. 
 
   For investor queries please contact G4S plc: 
 
   Helen Parris - Director of Investor Relations   [phone] 
 
   For Media enquiries, please contact: 
 
   Nigel Fairbrass - Director of Media   [phone] 
 
   Notes to Editors: 
 
   G4S is the leading global integrated security company specialising in 
the provision of security products, services and solutions. 
 
   The Group is active in around 100 countries, and is the largest employer 
quoted on the London Stock Exchange with over 600,000 employees and has 
a secondary stock exchange listing in Copenhagen. 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: G4S plc UK DK via Globenewswire 
 
 
  http://www.g4s.com/ 
 

(END) Dow Jones Newswires

December 08, 2016 06:32 ET (11:32 GMT)

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