Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCarillion Plc Regulatory News (CLLN)

  • This share is currently suspended. It was suspended at a price of 14.27

Share Price Information for Carillion Plc (CLLN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 14.27
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 14.27
CLLN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

HS2 Contract Award

17 Jul 2017 07:19

RNS Number : 2144L
Carillion PLC
17 July 2017
 

17 July 2017

CEK (Carillion, Eiffage, Kier) joint venture award 2 HS2 Lots worth £1.4 bn

 

Carillion, the integrated support services company, is pleased to announce that the CEK joint venture partnership consisting of Carillion, Eiffage and Kier, has been successful in its bid for the C2 and C3 contracts.

HS2 is the 190 km high speed line linking London with Birmingham and the West Coast Main Line near Lichfield and is planned to open in 2026 and will increase capacity and improve journey times between these two cities and bring economic growth to the Midlands.

All the packages have been let as two-part design and build contracts, to 'encourage innovation and flexibility' in delivery and collaboration across the supply chain and with HS2 Ltd.

• Lot C2 - North Portal Chiltern Tunnels to Brackley £724m

• Lot C3 - Brackley to Long Itchington Wood Green Tunnel South Portal £616m

These Lots will be awarded in two stages. Stage One will be a 16-month period to develop a design, a programme and a Target Cost for the construction of the works. Stage Two is the construction of the main works and this is expected to take between four and five years to complete.

Keith Cochrane, Interim CEO, Carillion, said

"We are delighted that our Joint Venture, CEK, has been selected to deliver two of the three Central contracts for HS2 Phase 1, the London to Birmingham section of the route, reflecting the strength of our Joint Venture. We look forward to working in close collaboration with HS2 to deliver this iconic project. 

"Carillion is a leading supplier of infrastructure services with top two positions in both the UK rail and highways sectors, where we work in partnership with key customers, including Network Rail, Highways England and HS2. We expect the UK Government's objective of generating economic growth through investing in infrastructure to continue creating opportunities for us to grow our business in these core markets."

Notes to editors

CEK joint venture

The joint venture brings together three companies with outstanding expertise in the design, construction, operation, financing and maintenance of railway networks in Europe, including high speed rail systems and their associated infrastructure.

Carillion is a market leading support services group focused on infrastructure and property services with a portfolio of Public Private Partnership projects, selective construction capabilities and a sector leading ability to deliver sustainable solutions. The Group had annual revenue in 2016 of some £5.2 billion, employs around 43,000 people and operates across the UK, in the Middle East and Canada.

This and other Carillion news releases can be found at www.carillionplc.com.

 

Eiffage is one of Europe's leading construction and concessions companies. The Group's activities are organised as seven business lines: construction, real estate, roads, civil engineering, structural steel, energy and concessions. Thanks to the experience of more than 66,000 employees, Eiffage generated revenues of €14bn in 2014, including 16 percent outside France.

Kier Group is a leading integrated property, residential, construction and services group operating across a range of sectors including defence, education, housing, industrial, power, transport and utilities. The group employs over 24,000 people worldwide and with a turnover of £3.2bn (approx. €4.2bn).

 

Notes to Editors

 

For more information

John Denning, Director Group Corporate Affairs, Carillion plc +44 (0) 1902 906333

Kellie McAvoy, Head of Investor Relations +44 (0) 1902 906333

 

Bell Pottinger

Liz Morley +44 (0) 7990 003314

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUBANRBBABARR
Date   Source Headline
3rd Apr 20187:30 amRNSUpdate re Liquidation of Carillion
19th Mar 20187:00 amRNSFRC investigation
17th Jan 20188:15 amRNSAnnouncement Re. Carillion PLC
15th Jan 20187:45 amRNSSuspension - Carillion PLC
15th Jan 20187:00 amRNSCompulsory liquidation of Carillion
12th Jan 20186:08 pmRNSUpdate on discussions with creditors
12th Jan 20185:08 pmRNSHolding(s) in Company
10th Jan 20185:48 pmRNSHolding(s) in Company
9th Jan 20187:03 amRNSResponse to share price movement
3rd Jan 20184:44 pmRNSHolding(s) in Company
3rd Jan 20187:00 amRNSRegulatory investigation
22nd Dec 20177:00 amRNSUpdate on financial covenant deferral
20th Dec 201710:16 amRNSBlock listing Interim Review
20th Dec 20177:00 amRNSChief Executive Appointment
13th Dec 20177:00 amRNSUpdate on UK healthcare facilities business
11th Dec 20177:58 amRNSHolding(s) in Company
1st Dec 20177:00 amRNSDirectorate Change
23rd Nov 201712:08 pmRNSHolding(s) in Company
22nd Nov 201712:29 pmRNSHolding(s) in Company
21st Nov 20174:11 pmRNSHolding(s) in Company
20th Nov 20177:00 amRNSFramework Award
17th Nov 20177:02 amRNSUpdate
15th Nov 20177:00 amRNSOman - letter of award for contract
6th Nov 20177:00 amRNSContract wins
2nd Nov 20177:00 amRNSDirectorate Change
31st Oct 20177:00 amRNSDisposal
27th Oct 20177:00 amRNSChief Executive Appointment
24th Oct 20177:00 amRNSUpdate on financing, disposals and work winning
12th Oct 201712:43 pmRNSUK Healthcare business
4th Oct 20172:58 pmRNSHolding(s) in Company
29th Sep 20177:00 amRNSHalf-year Report
22nd Sep 20171:00 pmRNSHolding(s) in Company
19th Sep 20174:55 pmRNSHolding(s) in Company
11th Sep 20177:00 amRNSDirectorate Change
22nd Aug 20173:17 pmRNSAnnouncement of 2017 interim results
17th Aug 20174:19 pmRNSHolding(s) in Company
15th Aug 20175:58 pmRNSHolding(s) in Company
11th Aug 20176:20 pmRNSHolding(s) in Company
8th Aug 20173:59 pmRNSHolding(s) in Company
8th Aug 201710:02 amRNSHolding(s) in Company
3rd Aug 20179:02 amRNSHolding(s) in Company
1st Aug 201712:24 pmRNSHolding(s) in Company
31st Jul 20172:57 pmRNSHolding(s) in Company
27th Jul 20176:28 pmRNSHolding(s) in Company
18th Jul 201710:49 amRNSHolding(s) in Company
18th Jul 20177:00 amRNSCarillion JV awarded two further HESTIA contracts
17th Jul 20177:19 amRNSHS2 Contract Award
17th Jul 20177:00 amRNSCarillion appoints EY to support strategic review
14th Jul 201712:20 pmRNSHolding(s) in Company
14th Jul 20177:00 amRNSAppointment of Joint Financial Adviser

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.