Interserve PLC Interserve announces contract win (4992I)

TIDMIRV

RNS Number : 4992I

Interserve PLC

20 June 2017

INTERSERVE WINS GBP265 MILLION ACCOUNT EXTENSION FOR STRATEGIC UK INTERNATIONAL BASES

Interserve, the international support services and construction group, has been awarded a two-year contract extension worth up to GBP265 million to continue as the infrastructure support provider for four strategic international UK Armed Forces bases.

The contract has been awarded by the Defence Infrastructure Organisation (DIO) on behalf of the Joint Forces Command (JFC). The four sites comprise the JFC's international Permanent Joint Operating Bases in the Falkland Islands and Ascension Island in the South Atlantic Ocean, as well as Gibraltar and Cyprus in the Mediterranean.

Interserve is responsible for infrastructure support at the bases, including planned and reactive work to maintain the sites. The company also provides a range of site-specific services across the bases, such as aircraft handling at Ascension Island, power generation, water treatment and plant management in the Falklands, and support for visiting vessels in Gibraltar.

Interserve has extensive experience in delivering infrastructure support services at diverse and complex sites and has held the Permanent Joint Operating Bases contracts with the DIO and JFC for over 10 years.

Adrian Ringrose, Interserve's Chief Executive, said:

"With extensive defence expertise and a ten year track record working with the DIO and JFC on this specific portfolio, we are well-equipped to meet the varied and changing requirements of our Armed Forces across these strategic sites.

"From supporting visiting vessels in Gibraltar to delivering aircraft services at Ascension Island, the smooth running of these Permanent Joint Operating Bases is vital to the security of our Armed Forces and the civilians that they protect. We are extremely proud to support the building and maintenance of the infrastructure required for our country's defence efforts both at home and abroad."

Interserve has a long track record supporting the DIO's portfolio, including securing a five year contract in 2016 worth GBP230 million to provide facilities services at the US Air Force's UK estate. Other key projects include providing support services for the DIO's military training estate, as well as contracts for specific Ministry of Defence (MoD) bases such as MoD Corsham and MoD Lyneham.

- Ends -

For further information about Interserve, please contact:

   Matthew Thomlinson                              0203 219 8818 
   CNC                                                    [e-mail] 
   Stephanie Byrne                                    0207 636 7366 
   Camargue                                            [e-mail] 
   Rhys Jones                                           01189 60 2285 
   Group Head of PR, Interserve                 [e-mail] 

About Interserve

Interserve is one of the world's foremost support services and construction companies. Our vision is to redefine the future for people and places. Everything we do is shaped by our core values. We are a successful, growing, international business: a leader in innovative and sustainable outcomes for our clients and a great place to work for our people. We offer advice, design, construction, equipment, facilities management and frontline public services. Headquartered in the UK and FTSE listed, we have gross revenues of GBP3.7 billion and a workforce of circa 80,000 people worldwide.

Website: www.interserve.com

For Interserve news follow: @interservenews

For facilities management updates follow: @INT_FM

This information is provided by RNS

The company news service from the London Stock Exchange

END

CNTDMGMVFLZGNZM

(END) Dow Jones Newswires

June 20, 2017 02:00 ET (06:00 GMT)