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Statement Re Carillion

15 Jan 2018 11:33

RNS Number : 8877B
Clarke(T.) PLC
15 January 2018
 

TCLARKE PLC

Statement Re Carillion

 

TClarke plc ("TClarke" or the "Group"), the Building Services Group, notes today's announcement relating to Carillion plc ("Carillion").

 

TClarke is engaged as a Sub Contactor on a Carillion joint venture project with KBR as part of the Aspire Defence Contract at Tidworth, Bulford and Perham Down. We have been advised by the joint venture partner that there will be a transition for this contract and that we can expect "business as usual".

 

Other areas of activity have aggregate exposures of less than £100,000 in total.

 

We do not expect there to be any adverse financial impact on the Group arising from any direct exposure to Carillion.

 

The Company's next planned trading update is 1st February 2018.

 

Ends

 

15th January 2018

 

For further information contact:

 

 

TClarke plc

Mark Lawrence - Group Chief Executive

Martin Walton - Finance Director

David Lanchester - Company Secretary

Tel: 020 7997 7400

www.tclarke.co.uk

 

N+1 Singer (Financial Adviser and Broker)

Sandy Fraser

Rachel Newton

Tel: 020 7496 3000

www.nplus1singer.com

 

RMS Partners

Simon Courtenay

Tel: 020 3735 6551

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