Mountfield Group plc Award of contract for £1.65m to MBG (3339S)

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RNS Number : 3339S

Mountfield Group plc

02 October 2017

2 October 2017

Mountfield Group Plc ("Group")

And its subsidiary Mountfield Building Group Limited ("MBG" and "the Company")

Award of contract for GBP1.65m by a leading client

On 6 September the Directors of Mountfield Group Plc ("Group") announced that a leading UK telecoms provider and long standing client of the Company had awarded it contracts of a value of GBP750,000 to undertake the upgrading of services with associated architectural works at three of its sites in the South of England and that it was in discussion with the client with regard to similar schemes at other sites.

The Directors of Group are delighted to announce that the client has now awarded the Company a further such contract but that this one with a value of GBP1.65m and the works are to be undertaken in the West Midlands area.

Work under the contract will begin immediately and is due to be completed by 31 March 2018.

Graham Read, MBG's MD said:

"Winning another of these contracts from the client so quickly after being awarded the first batch is great news for us. I said on 6 September that we are in discussion with the client regarding similar schemes and this remains the case."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014

For further information, please contact:

 
 Mountfield Group plc             01268 561 516 
 Peter Jay, Chairman 
 Andy Collins, Chief Executive 
  Officer 
 
 Cairn Financial Advisers LLP     020 7213 0880 
 Jo Turner / Tony Rawlinson 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 02, 2017 02:00 ET (06:00 GMT)