Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWYG Regulatory News (WYG)

  • There is currently no data for WYG

Contract Win

3 Jun 2014 07:00

RNS Number : 6515I
WYG Plc
03 June 2014
 



03 June 2014

WYG plc

("the Company" or "WYG")

Contract Win in Libya

WYG plc, the global programme, project management and technical consultancy to the built and natural environment, is pleased to announce that it has been appointed as the key partner in a consortium, led by Cardno Limited, that has been awarded a major new contract in Libya by the UK's Department for International Development (DFID). The contract forms part of the UK's Security, Justice and Defence (SJD) programme in Libya, funded and overseen jointly by DFID, the Foreign & Commonwealth Office (FCO), and Ministry of Defence (MoD).

Under the contract WYG, in a joint venture with the Australian, ASX-200 listed professional infrastructure and environmental services company, Cardno Limited, will deliver the first phase of a programme to support the Libyan authorities in providing more effective, accountable and sustainable security, justice and defence for its citizens, over a period of up to 34 months. Our initial work will culminate in the delivery of an inception report which, if accepted, we expect to lead to further work on the project which has a total potential value of approximately £28 million and would involve overseeing the training of police officers and judicial police. Other components would include improving court administration and security, securing munitions, and weapons stockpiling and decommissioning.

Paul Hamer, Chief Executive Officer of WYG, said:

"This contract win is a major achievement as it is the single largest stabilisation project in Libya tendered by DFID to date, demonstrating WYG's expertise and leadership in delivering critical, strategic programmes in fragile and conflict affected states over the past 20 years as well as its ability to create growth by working closely with globally recognized partners such as Cardno.

 

"It builds on our experience in delivering large scale and complex projects, which include the £68 million Infrastructure Projects Facility (IPF) in the Western Balkans, and positions us well to continue building on our key strength in fragile states by converting our strong pipeline of opportunities."

 

David Burton, Managing Director of Cardno Emerging Markets UK & Europe, added:

"I am delighted that Cardno has been selected to work together with WYG to deliver one of the most significant projects in Libya's journey to post-conflict stabilisation. We will be drawing on our collective experience built up over more than 20 years in the challenging fields of post-conflict resolution, recovery and reintegration to help the Libyan government achieve its long term objectives."

ENDS

WYG plc Tel: 0113 278 7111

Paul Hamer, Chief Executive Officer

Sean Cummins, Group Finance Director

 

MHP Communications Tel: 020 3128 8100

John Olsen / Katie Hunt / Vicky Watkins / Ollie Hoare

 

N+1 Singer Tel: 020 7496 3000

Sandy Fraser / Richard Lindley

 

WH Ireland Limited Tel: 0113 394 6600

Andrew Kitchingman / James Bavister

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTEAPKAEAXLEFF
Date   Source Headline
16th Jun 20117:00 amRNSPrelim Results and Proposed Capital Restructuring
8th Jun 20114:41 pmRNSSecond Price Monitoring Extn
8th Jun 20114:36 pmRNSPrice Monitoring Extension
3rd May 20119:48 amRNSDirectorate Update
13th Apr 201112:14 pmRNSDirectorate Update
1st Apr 20117:00 amRNSWYG sells Adams Kara Taylor
31st Mar 20117:00 amRNSInterim Results
10th Dec 20103:10 pmRNSResult of AGM
16th Nov 20107:00 amRNSPosting of Accounts and Notice of AGM
27th Sep 20107:00 amRNSResults for the year ended 30 June 2010
16th Jul 20102:43 pmRNSGrant of Options
1st Jul 20102:54 pmRNSChange of Year End
7th Apr 20109:18 amRNSGrant of Options
1st Apr 20104:27 pmRNSGrant of Options
31st Mar 20102:35 pmRNSGrant of Options
5th Mar 20103:40 pmRNSHolding(s) in Company
25th Feb 20107:00 amRNSInterim Results
15th Feb 20107:00 amRNSNotice of Results
12th Feb 20103:36 pmRNSHolding(s) in Company
4th Feb 20108:00 amRNSCancellation WYG PLC
4th Feb 20107:00 amRNSAdmission to AIM
3rd Feb 20107:00 amRNSUpdate on Restructuring
29th Jan 20107:00 amRNSBoard Changes
14th Jan 20103:45 pmRNSGrant of Awards
8th Jan 20107:00 amRNSAmendments to Official List
7th Jan 20108:07 amRNSShare Reorganisation and Share Consolidation
6th Jan 20104:30 pmRNSSchedule 1 - WYG plc
6th Jan 20104:15 pmRNSResult of EGM
18th Dec 20094:15 pmRNSShare Incentive Plan
17th Dec 20092:10 pmRNSHolding(s) in Company
16th Dec 20097:00 amRNSBoard Changes
11th Dec 20093:35 pmRNSResult of AGM
9th Dec 20097:00 amRNSNotice of EGM & Proposed Restructuring
26th Nov 20094:46 pmRNSShare Incentive Plan
19th Nov 20097:00 amRNSInterim Management Statement
10th Nov 20093:15 pmRNSNotice of AGM
10th Nov 20099:59 amRNSHolding(s) in Company
5th Nov 20099:37 amRNSHolding(s) in Company
2nd Nov 20094:12 pmRNSNotification of Major Interest in Shares
30th Oct 20097:00 amRNSResults and Proposed Deferral
26th Oct 200911:59 amRNSTR1: Notification of Major Interests in Shares
23rd Oct 200912:12 pmRNSNotification of Major Interests in Shares
22nd Oct 200911:29 amRNSNotification of Major Interests in Shares
21st Oct 20094:00 pmRNSShare Incentive Plan
21st Oct 20094:00 pmRNSBlocklisting Six Monthly Return
7th Oct 20099:07 amRNSNotification of Major Interests in Shares
1st Oct 20097:00 amRNSUpdate on refinancing negotiations
22nd Sep 20097:00 amRNSShare Incentive Plan
17th Sep 20092:57 pmRNSNotification of Interests in Shares
8th Sep 20094:35 pmRNSPrice Monitoring Extension

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.