Response to press speculation
Serco Group plc
7 August 2006
Serco Group plc (Serco) notes the press speculation regarding the possible
disposal of a number of its PFI assets. Serco confirms that it has held
discussions with potential investors regarding the possible sale of its
investments in some of its PFIs. In the event of any sale, Serco would retain
the management of the PFI projects and the associated long-term service
contracts.
The conclusion of any transaction is dependent on a number of factors and there
is no certainty that any transaction will be agreed. A further announcement
will be made if appropriate.
Ends
For further information please contact Serco Group plc: T +44 (0) 1256 745 900
Richard Hollins, Head of Investor Relations
Graham Capper, Head of Media and Public Relations
Notes to editors
Serco is an international service company which combines commercial know-how
with a deep public service ethos.
We improve services by managing people, processes, technology and assets more
effectively. We advise policy makers, design innovative solutions, integrate
systems and - most of all - deliver to the public.
Serco supports governments, agencies and companies who seek a trusted partner
with a solid track-record of providing assured service excellence. Our people
offer operational, management and consulting expertise in the aerospace,
defence, education, health, home affairs, local government, science,
technology, transport and the commercial sectors.
More information can be found at www.serco.com.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.