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Sureserve Group PLC (SUR)

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Monday 09 May, 2022

Sureserve Group PLC

8 Year Contract Extension worth £68m with L&Q

RNS Number : 6609K
Sureserve Group PLC
09 May 2022
 

REACH

9th May 2022

Sureserve Group plc

("Sureserve" or the "Group")

 

8 Year Contract Extension worth £68m with L&Q

 

Sureserve Group plc, the Social Housing Energy Services Group, is pleased to announce that its wholly owned subsidiary (K&T Heating Services Ltd) has successfully retained a long- term Gas Servicing, Repair and Installation Contract with L&Q. The Contract term is capped at 8 years, commencing on 1st May 2022 and is expected to generate sales revenue of £68 million over the entirety of the contract term.  L&Q are a large, registered provider of social housing who own and manage more than 95,000 homes across London and South- East. 

 

David Greenfield - K&T Heating Services - Managing Director, said:

"We are delighted to have been selected as one of the social housing service providers for L&Q. We have had a long term and trusted relationship, working in partnership with L&Q since 2013 and have developed a reputation for quality delivery of gas compliance services.  This 8 year contract win recognises the importance of K&T Heating Services' client relationships, service quality and focus on delivering important critical services for social housing communities.

 

 

Enquiries

Sureserve Group plc


Nick Winks, Chairman

07973 316544

Peter Smith, Chief Executive Officer

07590 929431

Sameet Vohra, Chief Financial Officer

07834 740059



Camarco (Financial Public Relations)

020 3757 4992

Ginny Pulbrook


Rosie Driscoll


Toby Strong




Shore Capital (Nominated Adviser and Broker)

020 7408 4090

Stephane Auton


Daniel Bush


Fiona Conroy




 

Notes to editors

Sureserve is a leading UK social housing energy services Group. The Group was founded in 1988 and is headquartered in Dartford and currently employs some 2,489 staff.

 

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