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Pin to quick picksMorgan Sindall Group Regulatory News (MGNS)

Share Price Information for Morgan Sindall Group (MGNS)

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4,496.00    28.00 (0.63%)
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Spread: 10.00 (0.223%)
Market Cap: £2.10b
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Project Win

5 Feb 2007 07:01

Morgan Sindall PLC05 February 2007 Morgan Sindall plc Morgan Est wins £38m Thames Water tunnels project Morgan Sindall plc, the construction group, today announces that itsinfrastructure services provider Morgan Est has been awarded a £38 millioncontract by Thames Water to design, construct and commission a 4.9km tunnel insouth London. The tunnel will extend the Thames Water Ring Main (TWRM) from an existing shaftin Brixton to a new pump out shaft at Honor Oak Reservoir. The tunnelledextension and provision of a new pump out facility at Honor Oak includesassociated mechanical, electrical, instrumental, control and automation (MEICA)works. The facility will provide Thames Water with greater reliability in thesupply of water to its customers and allow for the transfer of water from theRing Main to Honor Oak Reservoir. Work on site is due to start in March 2007 andwill be completed in March 2010. Paul Smith, Chief Executive of Morgan Sindall plc, said: "Tunnelling is one of the core skill sets of Morgan Est and we are pleased thatour expertise has been recognised through the award of this project. Thiscontract adds to and strengthens our order book through to 2010." 5 February 2007 Enquiries:Morgan Sindall plc Tel: 020 7307 9200Paul Smith, Chief ExecutiveDavid Mulligan, Finance DirectorCollege Hill Tel: 020 7457 2020Matthew Smallwood NOTES TO EDITORS Morgan Sindall plc, the construction group, operates through four specialistdivisions: fit-out, construction, infrastructure services and affordablehousing. Morgan Est plc is a leading provider of infrastructure servicesoperating in the UK tunneling, civil engineering, water, utilities and railsectors. This information is provided by RNS The company news service from the London Stock Exchange
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