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Major Supply Contract Won

19 Sep 2011 07:00

RNS Number : 4429O
Pan Pacific Aggregates PLC
19 September 2011
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๏ปฟ

PAN PACIFIC AGGREGATES PLC

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Major Supply Contract Won

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Pan Pacific Aggregates plc (the "Company"), the British Columbia based aggregates company, is pleased to announce that one of its major customers has been awarded the contract to supply aggregate for a major construction project within the Fraser Valley.

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Pan Pacific's Quadling Quarry will supply up to 100,000 tonnes of aggregate, covering the full range of product, to the customer over a 6 month period. Delivery has commenced.

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This order will underwrite over 50% of our budgeted production during this period and demonstrates the progress made by Quadling's management in establishing the quarry as a reliable supplier of aggregate through its consistency of quality and service to its customers.

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William Voaden, Managing Director commented:

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"This order is our largest to date and will bolster turnover in the normally quieter part of the year and at an improved margin."

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For further information please see the Company's web site, www.panagg.com or contact:

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Pan Pacific Aggregates plcย 

Euan McAlpine

Tel: +44 182 925 0576

Zeus Capital Limited

Ross Andrews / Aaron Smyth

Tel: +44 161 831 1512

Alexander David Securities Limited

David Scott / Bill Sharp

Tel: +44 207 448 9820

XCAP Securities plc

John Grant / Karen Kelly

Tel: +44 207 101 7070

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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