OFT Announcement

22 Sep 2009 13:40



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