Re Contract

RNS Number : 9688B

Galliford Try PLC

13 January 2015

 



GALLIFORD TRY REACHES AGREEMENT ON £31.2 MILLION GREENFAULDS HIGH SCHOOL

Galliford Try plc, the housebuilding and construction group, announces that its Morrison Construction business has achieved financial close on the £31.2 million Hub South West Scotland Ltd contract for North Lanarkshire Council to build the new Greenfaulds High School as part of the Council's Schools and Centres 21 scheme.

Morrison Construction will carry out the construction, providing a like for like replacement of the existing high school in Cumbernauld.  In addition Galliford Try will invest £0.7 million in the funding for the project. 

Galliford Try Executive Chairman, Greg Fitzgerald stated:  "The successful financial close of Greenfaulds High School follows closely behind the announcement by North Lanarkshire Council to award Morrison Construction a place on their £100 million framework. We look forward to working with the Council to create buildings that will serve the whole community, as well as significantly enhancing the facilities for education in the region."

For further enquiries:

Galliford Try -     Greg Fitzgerald, Executive Chairman       01895 855 001

                        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 brand - 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 last financial year to 30 June 2014, the Group generated revenues of £1.8 billion.

 

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