Investor Site Visit

RNS Number : 8584I

Mears Group PLC

22 June 2011

 



22 June 2011

Mears Group PLC

("Mears" or "the Group")

Investor Site Visit - Mears Brighton

Mears is hosting a site visit for investors today at Mears Brighton, the Group's operational centre for its partnership with Brighton & Hove City Council ("Brighton & Hove") where Mears provides housing stock upgrades, responsive repairs and comprehensive maintenance services across 12,500 homes.  The ten year partnership with Brighton & Hove commenced in early 2010 and is valued at £200 million for the ten-year duration of the agreement.

Mears will be presenting on both its Social Housing and Domiciliary Care divisions and no new material information will be provided.

ends.

About Mears

www.mearsgroup.co.uk

(tickers: MER.L MER.LN  MER.PL)

Mears is a leading social housing repairs and maintenance service provider to Local Authorities and Registered Social Landlords in the UK and Mears also commands a leading position in the UK Local Authorities' outsourced domiciliary care market, providing personal care services to people in their own homes.

Mears employs in excess of 12,000 people and provides maintenance and repairs services to in excess of 10% of the UK social housing stock. Mears also provides over 150,000 hours of domiciliary care to 20,000 service users each week.

Enquiries:
Mears Group PLC
David Miles, Chief Executive	Tel: [phone]
Andrew Smith, Finance Director	Tel: [phone]
Joint Broker - Investec
Keith Anderson/Daniel Adams	Tel: [phone]
Joint Broker - Collins Stewart
Mark Dickenson/Ileana Antypas	Tel: [phone]
Gable Communications	Tel: [phone]
John Bick/Justine James	Tel: [phone]

 

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