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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

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Share Price: 52.30
Bid: 52.24
Ask: 52.26
Change: 1.10 (2.15%)
Spread: 0.02 (0.038%)
Open: 51.12
High: 52.60
Low: 51.08
Prev. Close: 51.20
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Mitie in partnership with Lloyds Banking

Thu, 26th Apr 2012 13:37

Outsourcing and energy services company Mitie has agreed a partnership to deliver facilities management services for Lloyds Banking Group. The contract, which has been signed for a five-year term, has a possible one-year extension period, with an expected value of around £155m per annum.Mitie will provide a range of facilities management services across the bank's entire UK branch and office estate. Mitie Chief Executive Ruby McGregor-Smith said: "This partnership will deliver a new style of facilities outsourcing in the UK. It will be one of the biggest private sector facilities management contracts of its type and is a great example of two organisations working collaboratively.The share price of Mitie rose 0.24% to 293p by 13:46. NR
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