Contract Update
06 Abril 2010 - 1:00AM
UK Regulatory
TIDMCNT
RNS Number : 6984J
Connaught PLC
06 April 2010
Connaught plc
("Connaught" or the "Company")
Contract Update
On 15 December, Connaught announced that it had won a GBP125m five year
integrated services contract with Norwich County Council. The award of the
permanent contract was delayed as a result of an injunction brought by the
incumbent provider. However, we have been informed that a settlement has been
reached. We began work as planned on 1 April under a short-term contract and the
permanent contract is due to start on 8 April. The Company can confirm that it
continues to trade in line with expectations and management remain confident of
the future prospects of the Group. The Company has a robust order book, strong
balance sheet and operationally continues to make excellent progress. The
Company will give a further more detailed update on the announcement of its
interim results on 27 April 2010.
+------------------------------+------------------------------+
| Connaught | 01392 444 546 |
| Mark Tincknell, Chief | |
| Executive | |
| | |
+------------------------------+------------------------------+
| Altium | 0845 505 4343 |
| Phil Adams | |
| | |
| | |
+------------------------------+------------------------------+
| Finsbury | 020 7251 3801 |
| Faeth Birch | |
| Gordon Simpson | |
| | |
+------------------------------+------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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