Morgan Sindall Group Regulatory News (MGNS)

2 Jul 2007 14:42

Morgan Sindall PLC02 July 2007 Morgan Sindall plc Morgan Sindall JV awarded Bury, Tameside & Glossop NHS LIFT Construction and urban regeneration group Morgan Sindall plc as part ofCommunity Solutions for Primary Care (CSPC), a joint venture between MorganSindall Investments and Barclays European Infrastructure Fund, has achievedfinancial close on the Bury, Tameside & Glossop NHS LIFT (Local ImprovementFinance Trust) project to build and develop a network of community health andsocial care facilities over the next 20 years. The new purpose-built centres forthe Bury, Tameside and Glossop areas, are part of a new wave of 'supersurgeries' opening up for NHS patients across the country under NHS LIFT publicprivate partnerships. Together with Bury Primary Care Trust, Tameside & Glossop Primary Care Trust andPartnerships for Health, CSPC has formed a public private partnership companycalled Bury, Tameside & Glossop Community Solutions Limited (BTGCS). BTGCS hassigned a 20-year strategic partnering agreement to build and maintain a networkof new health and social care premises in the Bury, Tameside & Glossop areas. Bluestone, Morgan Sindall's construction business, will design and build thefirst wave of two facilities in Ashton and Radcliffe with construction due tostart immediately and will sign a framework agreement for future centres whichis expected to be worth approximately £65 million over an initial five-yearperiod. CSPC currently has similar long-term partnering agreements with four NHS LIFTprojects in Barnsley, Doncaster, South East Hampshire and Camden and Islingtonwhere Bluestone is also the construction partner. Paul Smith, Morgan Sindall's Group Chief Executive said: "The award of this framework - our fifth NHS LIFT scheme so far - not onlystrengthens our position as a leading player in the delivery of these new supersurgeries, but also demonstrates our commitment to growing our business in theUK's health sector." 2 July 2007 Enquiries:Morgan Sindall plc Tel: 020 7307 9200Paul Smith, Chief ExecutiveDavid Mulligan, Finance Director College Hill Tel: 020 7457 2020Matthew Smallwood NOTES TO EDITORS Morgan Sindall plc, the construction and urban regeneration group, has fourspecialist divisions of fit-out, construction, infrastructure services andaffordable housing. This information is provided by RNS The company news service from the London Stock Exchange