Contract Awarded

ALLEN PLC 7 October 1999 Allen Plc ('Allen') (Hire Services, Housebuilding, Civil Engineering Contracting, Building Contracting, Property Development & Investment) TRANSCO AWARDS MAJOR NEW CONTRACT TO ALLEN Allen's specialist utilities contractor, D J Ryan & Sons ('Ryan'), has been awarded a new five-year term contract by Transco. The award renews the existing contract covering Kendal, Lancaster, Blackpool, Preston, Blackburn and Burnley and extends the operational area into Merseyside and the Wirral. The contract is for replacement gas mains, service laying, meter connection, leakage repair and reinstatement, and has a value of approximately £40 million over the life of the contract. Ken Fox, Allen's Chief Executive, commented: 'This is the second major contract awarded to D J Ryan & Sons by Transco underlining the quality of our utilities' business and our commitment to this sector. The Transco work together with our existing contracts for North West Water, Norweb and Severn Trent Water gives us a strong position in the developing construction services sector.' Enquiries: Ken Fox (Chief Executive) 01204 699277 Neil O'Brien (Finance Director) 01204 699277 Simon Ellis 0171 786 9600 Binns & Co Public Relations

Companies

Speedy Hire (SDY)
UK 100

Latest directors dealings