Reduction in OFT Fine

RNS Number : 8284C

Kier Group PLC

11 March 2011

 



11 March 2011  

Kier Group plc - Reduction in OFT Fine

Kier Group plc confirms that, on 11 March 2011, the Competition Appeal Tribunal reduced the fine imposed on the Kier Group by the Office of Fair Trading in 2009 from £17.9 million to £1.7 million.

Kier fully endorses competition law and, in 2007, began the implementation of a comprehensive compliance programme which has been firmly embedded throughout the business.

Ends

Contacts:

Paul Sheffield

Chief Executive

Kier Group                01767 640111

Haydn Mursell                   

Group Finance Director

Kier Group               01767 640111

Hugh Raven

General Counsel and Group Company Secretary

Kier Group               01767 640 111

Faeth Birch

Conor McClafferty

Finsbury                  020 7251 3801

 

END

 

 

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