BQS Baqus Group

 

TIDMBQS 
 
RNS Number : 4312Y 
Baqus Group PLC 
03 September 2009 
 

FOR RELEASE 
7.00 AM 
3 September 2009 
 
 
 
BAQUS GROUP PLC 
("Baqus" or "the Group") 
(the building consultancy and quantity surveying group) 
 
 
OFFICE MOVES 
 
 
  *  Change of Registered Office 
  *  Integration of London based operations 
  *  Baqus Denley King moves to new premises in Bournemouth 
 
 
 
Baqus is pleased to announce that with effect from the 3 September 2009, the 
London Office  and Registered Office will be relocated to: 
 
 
Baqus Group plc 
2/3 North Mews 
London 
WC1N 2JP 
 
Tel: 020 7831 1283 
Fax: 020 7242 9512 
 
 
The new London Office will enable the Group to integrate the London based 
operation of the Nigel Rose Group which it acquired in July this year and is 
part of the ongoing process of exploiting synergies and rationalising costs 
across the Group while, at the same time, increasing the range of services it 
can provide to its growing client base. 
 
 
The Baqus Denley King office will move from its existing premises in Poole with 
effect from 14 September to: 
 
 
Baqus Denley King 
Dean Park House 
8 - 10 Dean Park Crescent 
Bournemouth 
BH1 1HL 
 
Tel: 01202 204 888 
Fax: 01202 318 640 
 
 
The new location provides easy access to the main business centres of 
Bournemouth and  Poole, as well as easy access to trunk roads and the mainline 
station. The office will provide Quantity Surveying, Building Surveying, Project 
Management and CDM Co-ordination services to public and private clients across a 
variety of sectors. 
 
Clive Sayer, the Baqus Chief Executive, commented: 
"These office moves are a critical part of the Group's overall strategy of 
continuously improving efficiency and the service that we give to our clients 
whilst at the same time controlling costs. The moves also mean we are able to 
offer existing team members and people who join the Group in London and 
Bournemouth a much better working environment which will encourage staff 
retention and new people to join the Group." 
 
 
 
Contact: 
 
 
Baqus Group plc 
Clive Sayer (Chief Executive)         07967 132 221 
Patrick Lineen (Finance Director)    07818 034 452 
Seymour Pierce (Nominated Adviser and Broker) 
Mark Percy / Catherine Leftley       020 7107 8000 
Cubitt Consulting (Financial Public Relations Advisers) 
Brian Coleman-Smith / James Verstringhe 020 7367 5100 
 
 
Background Note: 
 
 
Baqus was admitted to trading on AIM on the 14 December 2007, having raised 
GBP1.75 million through a placing of 17,500,000 Ordinary Shares. 
 
 
Baqus is a national building consultancy and quantity surveying group offering 
construction cost consultancy, project management and building surveying 
services to clients in the UK. The Group works across a number of business 
sectors including: health, education, leisure, hospitality, affordable housing, 
residential, commercial and conservation. Clients include local authorities, 
central government, NHS, residential Housing Associations, commercial companies 
and developers. 
 
 
The Quantity Surveying Market in the UK, estimated to be worth in excess of GBP1 
billion, is highly fragmented and dominated by a small number of major players, 
which the Baqus Group Directors believe make it ripe for consolidation. Since 
the Group's admission to AIM, they have been pursuing a strategy of acquiring 
small to medium sized Quantity Surveying practices across the country, the most 
recent of which is Nigel Rose Group. Previous activity includes the acquisition 
of Sworn King and Partners and the signing of a share option agreement to 
acquire Liverpool based transport and infrastructure specialist, Brian Hannaby & 
Associates. Once acquired, the practices are incorporated into the wider Group 
with a particular emphasis on exploiting opportunities for operational synergies 
with existing business units. 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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