Mears Group PLC
("Mears"
or "the Group" or "the Company")
Notification of contract
award - North Lanarkshire Council
Mears Group PLC, the leading
provider of services to the UK Housing sector, is pleased to
confirm that it has received notification by North Lanarkshire
Council ('NLC') of its intention to award to Mears Limited, the
Housing & Corporate Maintenance and Investment Services
Contract ('the contract'). The mobilisation of the contract will
commence immediately.
The contract, which extends the
Group's long-standing relationship with NLC for a period of up to
12 years and with an estimated annual value of over £125m, provides
reactive maintenance, statutory compliance, and inspection
services, as well as programmes of planned works to NLC's housing
assets (c.37,000 homes) and corporate assets (c.1,200
buildings).
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For
further information, contact:
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Mears Group PLC
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Tel: +44(0)1452 634
600
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Lucas Critchley
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Andrew Smith
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Deutsche Numis
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Tel: +44(0)207 260
1000
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Julian Cater
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Kevin Cruickshank
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Panmure Gordon
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Tel: +44(0)207 886
2500
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Tom Scrivens
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James Sinclair-Ford
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About Mears
Mears is a leading provider of
services to the Housing sector, providing a range of services to
individuals within their homes. We manage and maintain around
450,000 homes across the UK and work predominantly with Central
Government and Local Government, typically through long-term
contracts. We equally consider the residents of the homes that we
manage and maintain to be our customers, and we take pride in the
high levels of customer satisfaction that we achieve.
Mears currently employs over 5,000
people and provides services in every region of the UK. In
partnership with our Housing clients, we provide property
management and maintenance services. Mears has extended its
activities to provide broader housing solutions to solve the
challenge posed by the lack of affordable housing and to provide
accommodation and support for the most vulnerable.
We focus on long-term outcomes for
people rather than short-term solutions and invest in innovations
that have a positive impact on people's quality of life and on
their communities' social, economic, and environmental wellbeing.
Our innovative approaches and market leading positions are intended
to create value for our customers and the people they serve while
also driving sustainable financial returns for our providers of
capital, especially our shareholders.
