22 Jun 2011 07:00

22 June 2011
Mears Group PLC
("Mears" or "the Group")
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Investor Site Visit - Mears Brighton
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Mears is hosting a site visit for investors today at Mears Brighton, the Group's operational centre for its partnership with Brighton & Hove City Council ("Brighton & Hove") where Mears provides housing stock upgrades, responsive repairs and comprehensive maintenance services across 12,500 homes. The ten year partnership with Brighton & Hove commenced in early 2010 and is valued at £200 million for the ten-year duration of the agreement.
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Mears will be presenting on both its Social Housing and Domiciliary Care divisions and no new material information will be provided.
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ends.
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About Mears | www.mearsgroup.co.uk | (tickers: MER.L MER.LN MER.PL) |
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Mears is a leading social housing repairs and maintenance service provider to Local Authorities and Registered Social Landlords in the UK and Mears also commands a leading position in the UK Local Authorities' outsourced domiciliary care market, providing personal care services to people in their own homes.
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Mears employs in excess of 12,000 people and provides maintenance and repairs services to in excess of 10% of the UK social housing stock. Mears also provides over 150,000 hours of domiciliary care to 20,000 service users each week.
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Mears Group PLC | |
David Miles, Chief Executive | Tel: +44(0)7778 220 185 |
Andrew Smith, Finance Director | Tel: +44(0)7712 866 461 |
Joint Broker - Investec | |
Keith Anderson/Daniel Adams | Tel: +44(0)20 7597 5970 |
Joint Broker - Collins Stewart | |
Mark Dickenson/Ileana Antypas | Tel: +44(0)20 7523 8350 |
Gable Communications | Tel: +44(0) 20 7193 7463 |
John Bick/Justine James | Tel: +44(0)7872 061 007 |
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