Last checked at 22 Jun 2011 07:00
22 June 2011
Mears Group PLC
("Mears" or "the Group")
Investor Site Visit - Mears Brighton
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.
Mears will be presenting on both its Social Housing and Domiciliary Care divisions and no new material information will be provided.
ends.
About Mears | www.mearsgroup.co.uk | (tickers: MER.L MER.LN MER.PL) |
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.
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.
Enquiries: |
|
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 |