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SRG GLOBAL LIMITED — Capital/Financing Update 2021
Jun 1, 2021
65852_rns_2021-06-01_36b980d4-006d-410b-b81d-262dabc6c986.pdf
Capital/Financing Update
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2 June 2021
SRG Global Secures Facades and Defence Contracts Valued at ~$50m
Highlights:
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SRG Global has secured two specialist facades contracts in Infrastructure Construction and a structures contract in Defence totalling ~$50m
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Facades project works include the design, supply and installation of specialist engineered curtain wall facades in Melbourne and Adelaide
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Defence contract includes structures work at the HMAS Stirling Facility at Garden Island in Western Australia
SRG Global Ltd (‘SRG Global’ or ‘the Company’) (ASX: SRG) is pleased to announce that it has secured two facade contracts in Infrastructure Construction and a structures contract in Defence totalling ~$50m.
The first facade contract is for the 555 Collins Street project in Melbourne with Lendlease, on behalf of Charter Hall. The project site works have commenced and will run for approximately 20 months. This contract is the fourth major contract with Lendlease, on behalf of Charter Hall in Melbourne announced or completed in the last year.
The 555 Collins Street project features highly specialised and bespoke requirements including unique stepped feature GRC cladding elements to the upper podium and high-performance curved glazing throughout the tower. Once complete, the project will comprise 50,000m2 premium office space and 2,300m2 retail space.
The second façade contract is for the 60 King William Street development in Adelaide’s CBD with Built, also on behalf of Charter Hall. The scope is to design, supply and install thermally broken highperformance facades. The project will start immediately and run for approximately 24 months. This contract is the first facades contract win in South Australia further establishing SRG Global Facades business’ national footprint.
The 60 King William Street development will be home to the Federal Government agency Services Australia and has been designed with industry leading environmental sustainability including 6 Star Green Star, 5 Star NABERS Energy ratings and 6 Star NABERS Waste rating.
SRG Global has also been awarded a contract with Lendlease in the Defence sector to provide structures work at the HMAS Stirling Facility at Garden Island in Western Australia. This represents a new sector for SRG Global and continues to increase the diverse sectors in which SRG Global operates. This contract will start immediately and will be completed by the end of 2021.
David Macgeorge, Managing Director, commented: “We are very pleased to have secured these new contracts. These contract wins highlight the diverse service offering of SRG Global and our ability to operate across a broad range of industry sectors with key repeat clients.”
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Investor Contact
SRG Global Judson Lorkin +61 8 9267 5400
About SRG Global
SRG Global is an engineering-led global specialist asset services, mining services and construction group operating across the entire asset lifecycle of engineer, construct and sustain. The Company operates three segments of Asset Services, Mining Services and Construction. For more information about the variety of services offered by SRG Global, click here.
This announcement was authorised for release to ASX by the Managing Director.