Re Contract

RNS Number : 7140U

Galliford Try PLC

03 January 2013

 



GALLIFORD TRY ANNOUNCES CONSTRUCTION CONTRACTS TOTALLING £55M

Galliford Try plc, the housebuilding and construction group, announces that its Construction Division has been appointed to four new contracts worth £55 million in aggregate.

Firstly, St Hugh's College, part of the University of Oxford, has selected Galliford Try to build the £16.7 million China Centre. The new building will house an interdisciplinary research centre focused on all aspects of Chinese culture, including teaching facilities, a library, catering facilities and 62 study bedrooms for students. The contract has been partly funded by a £10 million donation from the Hong Kong-based philanthropist Dickson Poon CBE, with the centre carrying his name.

Secondly, Galliford Try has been awarded the £16.3 million contract to build the new five-star Gainsborough Hotel in Bath by developers YTL. The hotel, situated in a grade two listed building, will feature 99 bedrooms and include a health spa and conference facilities.

Thirdly, Galliford Try Partnerships has reached financial close on a £20 million contract to construct a new Extra Care facility in Stone Road, Stafford on behalf of Staffordshire County Council and The Wrekin Housing Trust. The project provides for Flexicare apartments, specialist care facilities, and the provision of a GP surgery and health centre.

Finally, Gloucestershire County Cricket Club has instructed Galliford Try to carry out major improvements to the international cricket ground at Nevil Road in Bristol. Works include a new media centre as well as conference and banqueting facilities in a contract worth £5 million. As part of the project 147 new homes will also be created on the site by Galliford Try's housebuilding arm Linden Homes.

Galliford Try Chief Executive Greg Fitzgerald said: "We are delighted to have won four such significant contracts in an extremely competitive market. These contract awards show that we can compete in different sectors and different regions across the country and provide our clients with high quality cost effective solutions for their needs."

For further enquiries:

Galliford Try -                 Greg Fitzgerald, Chief Executive                             01895 855001

                                    Louise Mantio, Communications Director

Notes to Editors

Galliford Try plc is a leading UK housebuilding and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250. The housebuilding business - through its Linden Homes brand - sells distinctive homes to the public and affordable homes to housing associations and local authority providers across the South and South East of England.  The construction business carries out building and infrastructure work across the UK with clients ranging from major Government departments through to regulated utilities and private sector companies. At the end of the last financial year to 30 June 2012, the Group generated revenues of £1.5 billion.

 

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