Re Contract

RNS Number : 8996M

Galliford Try PLC

22 July 2014

 



GALLIFORD TRY REACHES FINANCIAL CLOSE ON £50.8 MILLION CONTRACTS FOR NEW SCHOOL CAMPUSES IN THE HIGHLANDS

Galliford Try plc, the housebuilding and construction group, announces that its Miller Construction business has reached financial close on a £35.4m project to construct the new Inverness Royal Academy and a £15.4m project to construct Noss Primary School in Wick.

Miller Construction will be working on these projects for Hub North Scotland Limited, the public/private development company working in partnership with The Highland Council.

Inverness Royal Academy, which is due for completion by summer 2016, involves the construction of a new four-storey replacement school, sports pitches, an outdoor terraced teaching area, gardens, landscaping and a car park and bus drop-off area. The new Inverness Royal Academy campus will cater for around 1,500 pupils across the ages of 11-18.

Noss Primary School involves the construction of a combined replacement primary school for both the North and Hillhead existing primary schools, a new nursery and enhanced facilities to support education for pupils with additional needs. The new school will accommodate close to 400 pupils over 14 classrooms. The project will be delivered in two phases with final completion due in spring 2016.

Galliford Try Chief Executive Greg Fitzgerald stated: "We are delighted to have reached agreement with Hub North Scotland Limited and The Highland Council on these significant education contracts and are now able to get the projects underway. The Miller Construction business is an important addition to the Group and these awards reflect its reputation and strong market presence in the education sector in Scotland. We look forward to successfully delivering both projects for our client and wider stakeholders, and in turn providing pupils, teachers and the communities in Inverness and Wick with an enhanced built environment and improved facilities."

For further enquiries:

Galliford Try                   Greg Fitzgerald, Chief Executive              01895 855001

                                    Graham Prothero, Finance 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 and Galliford Try Partnerships brands - sells distinctive homes to the public and affordable homes to housing associations and local authority providers.  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 financial year to 30 June 2013, the Group generated revenues of £1.5 billion.

On 10 July 2014 Galliford Try acquired Miller Construction.  Miller Construction is a UK construction business which delivers building and infrastructure projects to both the public and private sectors. In the year to 31 December 2013, Miller Construction reported revenue of £409 million.

 

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