Re Contract

RNS Number : 8119U

Galliford Try PLC

03 August 2015

 



GALLIFORD TRY REACHES AGREEMENT ON £55.75 MILLION ANDERSON HIGH SCHOOL

Galliford Try plc, the UK housebuilding and construction group, announces that its Morrison Construction business has achieved financial close on the £55.75 million hub North Scotland contract for the Shetland Islands Council to build the new Anderson High School.

Morrison Construction will carry out the construction of the new four-storey high school for up to 1,180 pupils and the three-storey 100-bed residential block and associated infrastructure works, providing a replacement for the existing high school on the Clickimin site in Lerwick, Shetland.  In addition Galliford Try Investments will invest £1.7 million in the funding for the project.

Galliford Try Executive Chairman, Greg Fitzgerald stated:  "The new Anderson High School represents a significant investment by the Shetland Islands Council on behalf of the community it serves and we are delighted to be working with it to provide a facility the people of Shetland can be proud of.

"This latest contract complements our growing portfolio of construction projects for the education sector and through working closely with all stakeholders, we will deliver a building with first-class facilities which will greatly benefit the local community and enhance 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 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 financial year to June 30 2014, the Group generated revenues of £1.8 billion.

 

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