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SRP Serco Group Plc

181.40
1.80 (1.00%)
Last Updated: 10:44:31
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Serco Group Plc LSE:SRP London Ordinary Share GB0007973794 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.80 1.00% 181.40 181.30 181.60 182.00 177.00 177.00 259,423 10:44:31
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
General Government, Nec 4.87B 202.4M 0.1834 9.90 2B

Serco Group PLC US defence acquisition completed (0384D)

26/01/2018 1:00pm

UK Regulatory


Serco (LSE:SRP)
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TIDMSRP

RNS Number : 0384D

Serco Group PLC

26 January 2018

US defence acquisition completed

26 January 2018

Serco Group plc

LEI: 549300PT2CIHYN5GWJ21

Further to the announcement of 24 October 2017 regarding the acquisition of BTP Systems LLC, Serco is pleased to confirm that, following receipt of the required approvals, the transaction has now completed. BTP provides satellite communication and radar engineering technical services to the US defence industry. These services complement Serco's capabilities in Command, Control, Communications, Computers, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR) services. Combining the skills of Serco and BTP Systems will enable the delivery of expanded C5ISR services supporting naval modernisation and sustainment for ship, shore and hardware integration projects.

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQZMGZMLVDGRZG

(END) Dow Jones Newswires

January 26, 2018 08:00 ET (13:00 GMT)

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