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Morgan Sindall Group PLC

Regulatory Filings Jun 20, 2017

5283_rns_2017-06-20_8367e3b7-63e7-4219-8bef-ba36af0bcebb.html

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RNS Number : 5294I

Morgan Sindall Group PLC

20 June 2017

20 June 2017

Morgan Sindall Group plc

('the Group') 

Morgan Sindall awarded two-year contract extension worth a potential £60 million

Morgan Sindall Group plc, the construction and regeneration group, is pleased to announce that its Construction & Infrastructure division has been awarded a two-year extension to its three-year Framework Agreement with Western Power Distribution to deliver excavation, cable laying and reinstatement works in the West Midlands region.

Morgan Sindall was originally appointed to the Framework, with an estimated annual value of £30+ million, in November 2014. The extension, which is worth up to a further £60m, will run until October 2019 and will enable Western Power Distribution to maintain and enhance its electricity network.

Morgan Sindall will deliver planned and reactive works on Western Power Distribution's 11kV to 33kV distribution networks throughout the West Midlands region, which includes Stoke-on-Trent, Telford, Tipton, Birmingham, Hereford and Ludlow, Worcester and Gloucester.

John Morgan, Chief Executive of Morgan Sindall Group plc, commented:

"We are very pleased to have been awarded this contract extension, which we believe reflects the close and productive working relationships we have with Western Power Distribution, and the quality of the work we do. It also reflects the range of skills and capabilities we have in our Construction & Infrastructure division and its strong position for the future." 

ENDS

Enquiries:

Morgan Sindall Group plc 020 7307 9200
John Morgan, Chief Executive
Steve Crummett, Finance Director
Instinctif Partners (Financial PR) 020 7457 2020
Matthew Smallwood 07831 379 122
Helen Tarbet

Rosie Driscoll
07825 609 737

07891 564 641

Notes to Editors:

Morgan Sindall Group plc

Morgan Sindall Group plc is a leading UK construction and regeneration group with revenue of c£2.6 billion and which operates through six divisions of Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, Urban Regeneration and Investments.

Its Infrastructure division specialises in the design and delivery of technically demanding infrastructure, offering a diverse civil engineering capability including tunnelling, utilities, building, civil engineering and mechanical and electrical services to customers across the market sectors of nuclear, energy, highways, aviation, rail and water.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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