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OFT Announcement

22 Sep 2009 13:40

RNS Number : 4705Z

North Midland Construction PLC

22 September 2009

North Midland Construction plc

OFT Announcement

22 September 2009

North Midland Construction plc notes the announcement from the Office of Fair Trading (OFT) today of its decision to impose fines on 106 companies in the construction sector in England following its investigation into anti-competitive practices. As a result, the OFT is imposing a fine of £1.5m on North Midland Construction plc in relation to two instances in 2001 and 2004. The Company is currently taking legal advice on the findings and on the level of the fines imposed by the OFT, and a further announcement will be made in due course.

Enquiries

North Midland Construction plc 01623 515008

Robert Moyle, Chairman

Mike Garratt, Finance Director

Brewin Dolphin Investment Banking 0845 213 4730

Andrew Emmott

This information is provided by RNS

The company news service from the London Stock Exchange

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